Innova Wealth Partners Acquires Shares of 12,816 Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Innova Wealth Partners bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 12,816 shares of the company’s stock, valued at approximately $2,510,000. Vanguard Dividend Appreciation ETF makes up about 1.6% of Innova Wealth Partners’ portfolio, making the stock its 19th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in VIG. Sanctuary Advisors LLC bought a new stake in Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $73,967,000. LPL Financial LLC grew its holdings in Vanguard Dividend Appreciation ETF by 5.7% during the third quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after buying an additional 314,952 shares in the last quarter. Mesirow Financial Investment Management Inc. grew its holdings in Vanguard Dividend Appreciation ETF by 108.2% during the third quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock worth $68,381,000 after buying an additional 179,441 shares in the last quarter. Raymond James & Associates raised its position in Vanguard Dividend Appreciation ETF by 5.1% in the 3rd quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock valued at $732,612,000 after buying an additional 178,450 shares during the last quarter. Finally, Granite FO LLC bought a new position in Vanguard Dividend Appreciation ETF during the 2nd quarter valued at $24,132,000.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA VIG opened at $195.21 on Wednesday. The company has a fifty day moving average price of $199.80 and a 200-day moving average price of $194.68. The firm has a market cap of $84.39 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1 year low of $168.25 and a 1 year high of $205.20.

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.