HB Wealth Management LLC Purchases 295,707 Shares of Vanguard Dividend Appreciation ETF $VIG

HB Wealth Management LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,511,314 shares of the company’s stock after buying an additional 295,707 shares during the period. Vanguard Dividend Appreciation ETF makes up about 8.0% of HB Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. HB Wealth Management LLC owned about 1.22% of Vanguard Dividend Appreciation ETF worth $1,177,196,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 92.5% in the fourth quarter. Brighton Jones LLC now owns 34,563 shares of the company’s stock worth $6,768,000 after purchasing an additional 16,606 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 12.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,066 shares of the company’s stock worth $992,000 after purchasing an additional 577 shares during the period. AQR Capital Management LLC grew its position in Vanguard Dividend Appreciation ETF by 38.7% in the 1st quarter. AQR Capital Management LLC now owns 75,828 shares of the company’s stock valued at $14,710,000 after buying an additional 21,165 shares in the last quarter. Kestra Investment Management LLC acquired a new position in Vanguard Dividend Appreciation ETF during the 1st quarter valued at about $218,000. Finally, Empowered Funds LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 912.3% during the 1st quarter. Empowered Funds LLC now owns 29,143 shares of the company’s stock worth $5,653,000 after buying an additional 26,264 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.7%

Shares of NYSEARCA:VIG opened at $222.46 on Thursday. The company has a 50 day moving average of $219.57 and a 200-day moving average of $214.08. The firm has a market cap of $103.22 billion, a P/E ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $224.59.

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