First Commonwealth Financial Corp PA Purchases 7,058 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

First Commonwealth Financial Corp PA raised its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 62.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,422 shares of the company’s stock after buying an additional 7,058 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 0.9% of First Commonwealth Financial Corp PA’s portfolio, making the stock its 14th largest holding. First Commonwealth Financial Corp PA’s holdings in Vanguard Dividend Appreciation ETF were worth $3,649,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Family Firm Inc. bought a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at approximately $25,000. 1620 Investment Advisors Inc. bought a new position in Vanguard Dividend Appreciation ETF in the second quarter worth $26,000. Peterson Financial Group Inc. bought a new position in Vanguard Dividend Appreciation ETF in the third quarter worth $29,000. Providence Capital Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF in the second quarter worth $33,000. Finally, HighMark Wealth Management LLC raised its holdings in Vanguard Dividend Appreciation ETF by 371.8% in the second quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock worth $34,000 after purchasing an additional 145 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.3 %

VIG traded up $0.57 during trading on Wednesday, reaching $204.80. The stock had a trading volume of 61,475 shares, compared to its average volume of 823,164. The stock’s 50 day moving average is $198.89 and its two-hundred day moving average is $190.99. The company has a market capitalization of $88.54 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a one year low of $162.98 and a one year high of $204.87.

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.