Focus Financial Network Inc. Grows Stake in Vanguard Dividend Appreciation ETF $VIG

Focus Financial Network Inc. grew its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.4% during the second quarter, HoldingsChannel reports. The firm owned 112,982 shares of the company’s stock after buying an additional 3,706 shares during the period. Vanguard Dividend Appreciation ETF accounts for 0.8% of Focus Financial Network Inc.’s portfolio, making the stock its 22nd largest position. Focus Financial Network Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $26,734,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Scarborough Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF during the 1st quarter worth approximately $28,000. AG Campbell Advisory LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $30,000. Eagle Bay Advisors LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $31,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $31,000. Finally, Garner Asset Management Corp purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $35,000.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA VIG opened at $245.23 on Monday. The company’s fifty day simple moving average is $237.39 and its 200-day simple moving average is $229.07. Vanguard Dividend Appreciation ETF has a 52 week low of $206.39 and a 52 week high of $245.70. The stock has a market cap of $114.13 billion, a P/E ratio of 23.32 and a beta of 0.81.

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.