Vanguard Dividend Appreciation ETF $VIG Shares Purchased by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC boosted its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 17.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,719 shares of the company’s stock after purchasing an additional 2,570 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,894,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Investment Research & Advisory Group Inc. purchased a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $31,000. Eagle Bay Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $31,000. Clear Investment Research LLC purchased a new position in Vanguard Dividend Appreciation ETF in the 3rd quarter worth approximately $38,000. Washington Trust Advisors Inc. lifted its stake in Vanguard Dividend Appreciation ETF by 46.9% in the 3rd quarter. Washington Trust Advisors Inc. now owns 188 shares of the company’s stock worth $40,000 after purchasing an additional 60 shares in the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Vanguard Dividend Appreciation ETF in the 3rd quarter worth approximately $45,000.

Vanguard Dividend Appreciation ETF Price Performance

VIG opened at $228.44 on Monday. The company’s 50 day simple moving average is $221.55 and its two-hundred day simple moving average is $221.45. Vanguard Dividend Appreciation ETF has a 1-year low of $190.42 and a 1-year high of $230.53. The firm has a market capitalization of $105.42 billion, a price-to-earnings ratio of 23.32 and a beta of 0.84.

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