Peak Retirement Planning Inc. Invests $506,000 in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Peak Retirement Planning Inc. purchased a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 2,586 shares of the company’s stock, valued at approximately $506,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Dividend Appreciation ETF by 3.9% during the third quarter. JPMorgan Chase & Co. now owns 3,295,589 shares of the company’s stock worth $652,725,000 after buying an additional 123,584 shares during the last quarter. Tallon Kerry Patrick purchased a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter valued at approximately $3,322,000. Capital & Planning LLC lifted its position in Vanguard Dividend Appreciation ETF by 9.9% during the 4th quarter. Capital & Planning LLC now owns 18,739 shares of the company’s stock worth $3,670,000 after acquiring an additional 1,694 shares during the period. Avior Wealth Management LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 1.1% in the 4th quarter. Avior Wealth Management LLC now owns 8,015 shares of the company’s stock valued at $1,570,000 after purchasing an additional 88 shares during the last quarter. Finally, Secure Asset Management LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 2.8% in the 4th quarter. Secure Asset Management LLC now owns 18,904 shares of the company’s stock valued at $3,702,000 after purchasing an additional 512 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.3%

NYSEARCA:VIG opened at $194.33 on Friday. Vanguard Dividend Appreciation ETF has a 12-month low of $169.32 and a 12-month high of $205.24. The stock’s 50 day simple moving average is $190.04 and its 200-day simple moving average is $196.62. The firm has a market cap of $87.84 billion, a P/E ratio of 24.18 and a beta of 0.87.

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.