M Holdings Securities Inc. Invests $6.39 Million in Vanguard Dividend Appreciation ETF $VIG

M Holdings Securities Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 29,599 shares of the company’s stock, valued at approximately $6,387,000. Vanguard Dividend Appreciation ETF accounts for about 1.4% of M Holdings Securities Inc.’s holdings, making the stock its 14th largest holding.

A number of other institutional investors also recently bought and sold shares of VIG. Clear Investment Research LLC purchased a new position in Vanguard Dividend Appreciation ETF during the third quarter worth $38,000. Washington Trust Advisors Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 46.9% in the third quarter. Washington Trust Advisors Inc. now owns 188 shares of the company’s stock valued at $40,000 after acquiring an additional 60 shares during the period. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the third quarter valued at $45,000. Delta Asset Management LLC TN bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth about $48,000. Finally, Ulland Investment Advisors LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth about $52,000.

Vanguard Dividend Appreciation ETF Trading Down 0.3%

VIG stock opened at $217.54 on Friday. The stock has a market cap of $100.93 billion, a PE ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 12 month low of $169.32 and a 12 month high of $230.53. The company has a 50-day moving average price of $225.05 and a 200 day moving average price of $219.99.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.