NovaPoint Capital LLC Makes New $1.69 Million Investment in Vanguard Dividend Appreciation ETF $VIG

NovaPoint Capital LLC bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 7,812 shares of the company’s stock, valued at approximately $1,686,000.

Several other institutional investors have also modified their holdings of VIG. Curio Wealth LLC increased its stake in Vanguard Dividend Appreciation ETF by 4,300.0% in the 2nd quarter. Curio Wealth LLC now owns 132 shares of the company’s stock valued at $27,000 after purchasing an additional 129 shares in the last quarter. Proathlete Wealth Management LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at $35,000. TFC Financial Management Inc. increased its position in shares of Vanguard Dividend Appreciation ETF by 526.7% in the second quarter. TFC Financial Management Inc. now owns 188 shares of the company’s stock valued at $39,000 after buying an additional 158 shares in the last quarter. Flaharty Asset Management LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 1st quarter worth $38,000. Finally, Carderock Capital Management Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter worth about $46,000.

Vanguard Dividend Appreciation ETF Trading Up 0.0%

Shares of NYSEARCA VIG opened at $222.50 on Friday. The stock has a market cap of $100.87 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $224.59. The company’s 50-day moving average price is $219.01 and its 200 day moving average price is $212.89.

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.