Modera Wealth Management LLC Has $346.84 Million Stock Position in Vanguard Dividend Appreciation ETF $VIG

Modera Wealth Management LLC lifted its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,612,753 shares of the company’s stock after acquiring an additional 61,975 shares during the period. Vanguard Dividend Appreciation ETF makes up approximately 4.2% of Modera Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Modera Wealth Management LLC owned 0.35% of Vanguard Dividend Appreciation ETF worth $346,839,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Carrera Capital Advisors bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $573,000. MOR Wealth Management LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $1,609,000. Elevatus Welath Management bought a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $522,000. Asempa Wealth Advisors bought a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $1,807,000. Finally, Amara Financial LLC. grew its position in shares of Vanguard Dividend Appreciation ETF by 8.7% in the 4th quarter. Amara Financial LLC. now owns 97,959 shares of the company’s stock valued at $21,529,000 after purchasing an additional 7,858 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA VIG opened at $237.61 on Friday. The business has a 50 day simple moving average of $234.69 and a 200 day simple moving average of $227.25. Vanguard Dividend Appreciation ETF has a 52-week low of $203.17 and a 52-week high of $240.08. The stock has a market cap of $110.58 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.