Evergreen Wealth Management LLC Raises Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Evergreen Wealth Management LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 45,089 shares of the company’s stock after acquiring an additional 413 shares during the period. Vanguard Dividend Appreciation ETF comprises about 5.7% of Evergreen Wealth Management LLC’s holdings, making the stock its biggest position. Evergreen Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $7,683,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of New York Mellon Corp increased its holdings in Vanguard Dividend Appreciation ETF by 7.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,138,614 shares of the company’s stock worth $332,298,000 after purchasing an additional 141,426 shares in the last quarter. BLB&B Advisors LLC raised its holdings in Vanguard Dividend Appreciation ETF by 2.7% in the 3rd quarter. BLB&B Advisors LLC now owns 2,662 shares of the company’s stock valued at $414,000 after buying an additional 70 shares during the last quarter. Strategic Investment Advisors MI acquired a new stake in Vanguard Dividend Appreciation ETF during the 3rd quarter worth approximately $205,000. Rovin Capital UT ADV grew its holdings in Vanguard Dividend Appreciation ETF by 9.0% during the 3rd quarter. Rovin Capital UT ADV now owns 111,407 shares of the company’s stock worth $17,310,000 after acquiring an additional 9,169 shares during the last quarter. Finally, Northstar Asset Management LLC increased its position in Vanguard Dividend Appreciation ETF by 1.7% in the 3rd quarter. Northstar Asset Management LLC now owns 22,520 shares of the company’s stock valued at $3,499,000 after acquiring an additional 375 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA:VIG traded up $1.72 during mid-day trading on Friday, reaching $176.94. 675,025 shares of the company’s stock were exchanged, compared to its average volume of 995,284. The firm has a market capitalization of $76.49 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $183.52. The business’s fifty day moving average price is $178.40 and its 200-day moving average price is $170.80.

About Vanguard Dividend Appreciation ETF

Vanguard Dividend Appreciation ETF (the Fund) seeks to track the investment performance of the Dividend Achievers Select Index. Vanguard Dividend Appreciation ETF is an exchange-traded share class of Vanguard Dividend Appreciation Index Fund. The Fund will hold all the stocks in the index in approximately the same proportions as their weightings in the index.