Riverpoint Wealth Management Holdings LLC Buys 172 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Riverpoint Wealth Management Holdings LLC raised its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,093 shares of the company’s stock after buying an additional 172 shares during the period. Vanguard Dividend Appreciation ETF comprises about 1.0% of Riverpoint Wealth Management Holdings LLC’s investment portfolio, making the stock its 15th biggest position. Riverpoint Wealth Management Holdings LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Linden Thomas Advisory Services LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter valued at $537,000. Vicus Capital increased its stake in shares of Vanguard Dividend Appreciation ETF by 11.3% in the 3rd quarter. Vicus Capital now owns 4,829 shares of the company’s stock worth $750,000 after acquiring an additional 489 shares in the last quarter. Callahan Advisors LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth about $404,000. Pinnacle Associates Ltd. increased its stake in Vanguard Dividend Appreciation ETF by 1.1% during the 3rd quarter. Pinnacle Associates Ltd. now owns 26,240 shares of the company’s stock valued at $4,077,000 after purchasing an additional 293 shares in the last quarter. Finally, Raymond James & Associates increased its stake in Vanguard Dividend Appreciation ETF by 2.5% during the 3rd quarter. Raymond James & Associates now owns 2,139,019 shares of the company’s stock valued at $332,361,000 after purchasing an additional 51,992 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 0.4 %

Shares of NYSEARCA VIG traded down $0.73 during trading on Wednesday, reaching $174.34. 726,330 shares of the company traded hands, compared to its average volume of 1,003,652. The firm has a 50 day simple moving average of $178.53 and a 200-day simple moving average of $170.61. The stock has a market capitalization of $75.37 billion, a PE ratio of 24.56 and a beta of 0.80. Vanguard Dividend Appreciation ETF has a 52-week low of $149.67 and a 52-week high of $183.52.

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.