Sugarloaf Wealth Management LLC Raises Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Sugarloaf Wealth Management LLC grew its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 34.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,076 shares of the company’s stock after purchasing an additional 1,306 shares during the period. Sugarloaf Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $824,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Milestone Investment Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $25,000. Cascade Investment Advisors Inc. purchased a new stake in Vanguard Dividend Appreciation ETF in the 1st quarter worth approximately $27,000. WealthPLAN Partners LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 1st quarter worth approximately $27,000. Financial Freedom LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $28,000. Finally, Freedom Wealth Alliance LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $31,000.

Vanguard Dividend Appreciation ETF Stock Down 0.5 %

Shares of VIG stock traded down $0.75 during trading hours on Tuesday, hitting $160.81. 541,265 shares of the company’s stock were exchanged, compared to its average volume of 1,092,368. The firm has a market cap of $68.69 billion, a P/E ratio of 20.10 and a beta of 0.85. The firm has a 50 day moving average of $162.99 and a two-hundred day moving average of $158.06. Vanguard Dividend Appreciation ETF has a fifty-two week low of $132.64 and a fifty-two week high of $167.33.

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.