Patrick M Sweeney & Associates Inc. Makes New $489,000 Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Patrick M Sweeney & Associates Inc. purchased a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, HoldingsChannel reports. The firm purchased 2,869 shares of the company’s stock, valued at approximately $489,000.

Several other hedge funds have also added to or reduced their stakes in VIG. Allspring Global Investments Holdings LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $31,000. Provence Wealth Management Group bought a new stake in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at $29,000. Sittner & Nelson LLC grew its holdings in Vanguard Dividend Appreciation ETF by 368.0% in the 3rd quarter. Sittner & Nelson LLC now owns 234 shares of the company’s stock valued at $36,000 after buying an additional 184 shares in the last quarter. Providence Capital Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF during the 3rd quarter worth $38,000. Finally, Life Planning Partners Inc acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth $42,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock traded up $0.32 on Wednesday, hitting $179.14. The company’s stock had a trading volume of 626,137 shares, compared to its average volume of 988,562. Vanguard Dividend Appreciation ETF has a fifty-two week low of $149.67 and a fifty-two week high of $183.52. The stock’s 50 day moving average is $178.41 and its 200-day moving average is $171.34. The company has a market capitalization of $77.45 billion, a PE ratio of 24.54 and a beta of 0.78.

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.