Brown Miller Wealth Management LLC Grows Stock Position in Vanguard Dividend Appreciation ETF $VIG

Brown Miller Wealth Management LLC raised its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.2% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 5,067 shares of the company’s stock after buying an additional 59 shares during the quarter. Brown Miller Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,037,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Vanguard Dividend Appreciation ETF by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 10,160,433 shares of the company’s stock valued at $1,971,022,000 after purchasing an additional 451,169 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 10.8% in the 1st quarter. Wealthfront Advisers LLC now owns 7,603,273 shares of the company’s stock valued at $1,474,959,000 after buying an additional 738,441 shares during the period. LPL Financial LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 4.5% in the first quarter. LPL Financial LLC now owns 6,285,425 shares of the company’s stock valued at $1,219,309,000 after buying an additional 269,131 shares in the last quarter. HB Wealth Management LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 9.9% in the first quarter. HB Wealth Management LLC now owns 5,349,243 shares of the company’s stock valued at $1,027,305,000 after buying an additional 480,314 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Vanguard Dividend Appreciation ETF by 1.9% during the first quarter. Raymond James Financial Inc. now owns 5,329,391 shares of the company’s stock worth $1,033,848,000 after acquiring an additional 99,758 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $217.79 on Friday. Vanguard Dividend Appreciation ETF has a 1 year low of $169.32 and a 1 year high of $218.92. The stock has a fifty day moving average price of $211.64 and a two-hundred day moving average price of $201.54. The stock has a market capitalization of $98.81 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85.

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.