Vanguard Dividend Appreciation ETF $VIG is Mittelman Wealth Management’s Largest Position

Mittelman Wealth Management lifted its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 100,578 shares of the company’s stock after purchasing an additional 2,621 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 13.5% of Mittelman Wealth Management’s investment portfolio, making the stock its biggest holding. Mittelman Wealth Management’s holdings in Vanguard Dividend Appreciation ETF were worth $21,630,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Excelsior Advisor Network LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 31.8% in the 1st quarter. Excelsior Advisor Network LLC now owns 24,504 shares of the company’s stock worth $5,270,000 after buying an additional 5,911 shares during the last quarter. Quantinno Capital Management LP raised its holdings in Vanguard Dividend Appreciation ETF by 29.8% in the first quarter. Quantinno Capital Management LP now owns 187,148 shares of the company’s stock worth $40,248,000 after buying an additional 42,968 shares during the last quarter. Gateway Wealth Partners LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 121.2% during the first quarter. Gateway Wealth Partners LLC now owns 45,838 shares of the company’s stock valued at $9,858,000 after buying an additional 25,118 shares during the last quarter. Blue Chip Partners LLC lifted its position in Vanguard Dividend Appreciation ETF by 3.4% in the 1st quarter. Blue Chip Partners LLC now owns 20,154 shares of the company’s stock valued at $4,334,000 after acquiring an additional 663 shares in the last quarter. Finally, Cypress Capital Group increased its holdings in shares of Vanguard Dividend Appreciation ETF by 1.2% in the 1st quarter. Cypress Capital Group now owns 5,194 shares of the company’s stock worth $1,117,000 after purchasing an additional 61 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

VIG stock opened at $239.89 on Tuesday. Vanguard Dividend Appreciation ETF has a 1-year low of $203.17 and a 1-year high of $240.62. The stock has a market capitalization of $111.64 billion, a P/E ratio of 23.32 and a beta of 0.82. The business has a fifty day moving average price of $235.69 and a 200-day moving average price of $227.98.

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.