Gutierrez Wealth Advisory LLC Makes New $1.23 Million Investment in Vanguard Dividend Appreciation ETF $VIG

Gutierrez Wealth Advisory LLC bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the second quarter, HoldingsChannel reports. The fund bought 6,004 shares of the company’s stock, valued at approximately $1,229,000. Vanguard Dividend Appreciation ETF makes up about 0.8% of Gutierrez Wealth Advisory LLC’s portfolio, making the stock its 18th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Vanguard Dividend Appreciation ETF by 4.6% during the first quarter. Vanguard Group Inc. now owns 10,160,433 shares of the company’s stock worth $1,971,022,000 after buying an additional 451,169 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in Vanguard Dividend Appreciation ETF by 10.8% in the first quarter. Wealthfront Advisers LLC now owns 7,603,273 shares of the company’s stock valued at $1,474,959,000 after purchasing an additional 738,441 shares during the period. LPL Financial LLC increased its holdings in Vanguard Dividend Appreciation ETF by 4.5% in the first quarter. LPL Financial LLC now owns 6,285,425 shares of the company’s stock valued at $1,219,309,000 after purchasing an additional 269,131 shares during the period. HB Wealth Management LLC increased its holdings in Vanguard Dividend Appreciation ETF by 9.9% in the first quarter. HB Wealth Management LLC now owns 5,349,243 shares of the company’s stock valued at $1,027,305,000 after purchasing an additional 480,314 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in Vanguard Dividend Appreciation ETF by 1.9% in the first quarter. Raymond James Financial Inc. now owns 5,329,391 shares of the company’s stock valued at $1,033,848,000 after purchasing an additional 99,758 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 0.4%

NYSEARCA VIG opened at $217.79 on Friday. The company has a market capitalization of $98.81 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $218.92. The stock has a fifty day simple moving average of $211.64 and a 200 day simple moving average of $201.54.

Vanguard Dividend Appreciation ETF Profile

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.