Novare Capital Management LLC Boosts Stock Holdings in Vanguard Dividend Appreciation ETF $VIG

Novare Capital Management LLC grew its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 432.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,306 shares of the company’s stock after purchasing an additional 40,862 shares during the quarter. Novare Capital Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $10,819,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. AG Campbell Advisory LLC purchased a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $30,000. Investment Research & Advisory Group Inc. bought a new position in Vanguard Dividend Appreciation ETF in the fourth quarter worth approximately $31,000. Eagle Bay Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth $31,000. Lloyd Advisory Services LLC. purchased a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth $31,000. Finally, Garner Asset Management Corp purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $35,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA VIG opened at $235.41 on Tuesday. Vanguard Dividend Appreciation ETF has a 1-year low of $198.37 and a 1-year high of $238.10. The business has a fifty day moving average price of $230.57 and a 200 day moving average price of $225.18. The stock has a market capitalization of $108.64 billion, a P/E 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.