Nova R Wealth Inc. Acquires 92 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Nova R Wealth Inc. grew its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 9,038 shares of the company’s stock after acquiring an additional 92 shares during the period. Vanguard Dividend Appreciation ETF makes up approximately 0.9% of Nova R Wealth Inc.’s portfolio, making the stock its 26th largest holding. Nova R Wealth Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $1,753,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Assetmark Inc. raised its stake in Vanguard Dividend Appreciation ETF by 121.5% during the fourth quarter. Assetmark Inc. now owns 6,113 shares of the company’s stock valued at $1,197,000 after buying an additional 3,353 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 12.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,413,464 shares of the company’s stock valued at $274,198,000 after acquiring an additional 160,813 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Vanguard Dividend Appreciation ETF by 21.1% in the 4th quarter. Russell Investments Group Ltd. now owns 3,036 shares of the company’s stock worth $594,000 after purchasing an additional 529 shares during the last quarter. Raymond James Financial Inc. bought a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth about $1,024,119,000. Finally, Chancellor Financial Group WB LP bought a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth about $840,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $202.33 on Thursday. The company has a market capitalization of $91.19 billion, a price-to-earnings ratio of 23.32 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a one year low of $169.32 and a one year high of $205.24. The company’s 50-day moving average is $195.41 and its 200 day moving average is $196.22.

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.