Compass Financial Management LLC Invests $7.29 Million in Vanguard Dividend Appreciation ETF $VIG

Compass Financial Management LLC bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 30,445 shares of the company’s stock, valued at approximately $7,294,000. Vanguard Dividend Appreciation ETF makes up approximately 0.8% of Compass Financial Management LLC’s portfolio, making the stock its 24th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of VIG. Carrera Capital Advisors bought a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $573,000. Amara Financial LLC. raised its position in Vanguard Dividend Appreciation ETF by 8.7% in the fourth quarter. Amara Financial LLC. now owns 97,959 shares of the company’s stock worth $21,529,000 after acquiring an additional 7,858 shares during the period. Sei Investments Co. raised its position in Vanguard Dividend Appreciation ETF by 198.4% in the first quarter. Sei Investments Co. now owns 7,564 shares of the company’s stock worth $1,627,000 after acquiring an additional 5,029 shares during the period. Wealth Care LLC purchased a new position in Vanguard Dividend Appreciation ETF in the first quarter valued at about $7,843,000. Finally, Exchange Traded Concepts LLC boosted its stake in Vanguard Dividend Appreciation ETF by 7.9% in the second quarter. Exchange Traded Concepts LLC now owns 41,594 shares of the company’s stock valued at $9,842,000 after acquiring an additional 3,039 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 0.1%

Vanguard Dividend Appreciation ETF stock opened at $244.12 on Thursday. The firm has a 50 day moving average price of $239.98 and a 200-day moving average price of $230.95. Vanguard Dividend Appreciation ETF has a twelve month low of $208.73 and a twelve month high of $247.45. The company has a market capitalization of $113.61 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.