RM Financial Services LLC Invests $1.20 Million in Vanguard Dividend Appreciation ETF $VIG

RM Financial Services LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,438 shares of the company’s stock, valued at approximately $1,195,000. Vanguard Dividend Appreciation ETF accounts for approximately 1.1% of RM Financial Services LLC’s investment portfolio, making the stock its 27th biggest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. M&T Bank Corp lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 659.0% during the fourth quarter. M&T Bank Corp now owns 1,212,203 shares of the company’s stock worth $266,418,000 after buying an additional 1,052,498 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 102.8% in the second quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock worth $358,334,000 after acquiring an additional 887,305 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Vanguard Dividend Appreciation ETF during the third quarter worth $134,718,000. Orion Porfolio Solutions LLC raised its stake in Vanguard Dividend Appreciation ETF by 2,949.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 392,738 shares of the company’s stock valued at $80,382,000 after purchasing an additional 379,860 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in Vanguard Dividend Appreciation ETF by 63.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 771,278 shares of the company’s stock valued at $166,425,000 after purchasing an additional 300,645 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA VIG opened at $231.71 on Thursday. The company’s fifty day moving average is $227.71 and its two-hundred day moving average is $224.29. Vanguard Dividend Appreciation ETF has a 52-week low of $198.37 and a 52-week high of $236.71. The firm has a market capitalization of $106.93 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

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