Redwood Family Wealth LLC Takes Position in Vanguard Dividend Appreciation ETF $VIG

Redwood Family Wealth LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 5,912 shares of the company’s stock, valued at approximately $1,299,000. Vanguard Dividend Appreciation ETF comprises 1.3% of Redwood Family Wealth LLC’s portfolio, making the stock its 19th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 92.5% during the 4th quarter. Brighton Jones LLC now owns 34,563 shares of the company’s stock valued at $6,768,000 after purchasing an additional 16,606 shares during the period. Revolve Wealth Partners LLC increased its stake in Vanguard Dividend Appreciation ETF by 12.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,066 shares of the company’s stock worth $992,000 after buying an additional 577 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Vanguard Dividend Appreciation ETF by 4.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,218 shares of the company’s stock worth $659,000 after buying an additional 143 shares in the last quarter. First Trust Advisors LP increased its stake in Vanguard Dividend Appreciation ETF by 87.1% in the 2nd quarter. First Trust Advisors LP now owns 4,826 shares of the company’s stock worth $988,000 after buying an additional 2,246 shares in the last quarter. Finally, Gamco Investors INC. ET AL bought a new stake in Vanguard Dividend Appreciation ETF during the second quarter valued at about $993,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $235.19 on Friday. The stock’s 50-day simple moving average is $230.32 and its 200-day simple moving average is $225.04. Vanguard Dividend Appreciation ETF has a 52 week low of $198.37 and a 52 week high of $238.10. The company has a market capitalization of $108.54 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

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.