Root Financial Partners LLC Grows Stock Position in Vanguard Dividend Appreciation ETF $VIG

Root Financial Partners LLC lifted its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 83.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,486 shares of the company’s stock after buying an additional 2,500 shares during the period. Root Financial Partners LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,206,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Old Peak Finance LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $434,000. Select Asset Management & Trust lifted its stake in shares of Vanguard Dividend Appreciation ETF by 0.7% in the fourth quarter. Select Asset Management & Trust now owns 122,631 shares of the company’s stock valued at $26,952,000 after purchasing an additional 842 shares during the period. GW Henssler & Associates Ltd. lifted its stake in shares of Vanguard Dividend Appreciation ETF by 3.6% in the fourth quarter. GW Henssler & Associates Ltd. now owns 44,375 shares of the company’s stock valued at $9,753,000 after purchasing an additional 1,524 shares during the period. Sage Investment Advisers LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $2,442,000. Finally, NewCorp Financial Services Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $820,000.

Vanguard Dividend Appreciation ETF Trading Down 0.2%

NYSEARCA:VIG opened at $234.17 on Tuesday. The firm has a 50-day moving average price of $224.80 and a two-hundred day moving average price of $223.39. Vanguard Dividend Appreciation ETF has a twelve month low of $196.55 and a twelve month high of $234.83. The company has a market capitalization of $108.07 billion, a P/E ratio of 23.32 and a beta of 0.82.

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