Vanguard Dividend Appreciation ETF $VIG Shares Purchased by M3 Advisory Group LLC

M3 Advisory Group LLC increased its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.9% in the second quarter, HoldingsChannel reports. The firm owned 60,938 shares of the company’s stock after acquiring an additional 1,115 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 8.6% of M3 Advisory Group LLC’s portfolio, making the stock its biggest position. M3 Advisory Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $12,472,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VIG. Safe Harbor Fiduciary LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the first quarter worth about $31,000. Proathlete Wealth Management LLC purchased a new position in Vanguard Dividend Appreciation ETF during the second quarter valued at approximately $35,000. Graybill Wealth Management LTD. purchased a new position in Vanguard Dividend Appreciation ETF during the first quarter valued at approximately $37,000. GW&K Investment Management LLC purchased a new position in Vanguard Dividend Appreciation ETF during the first quarter valued at approximately $37,000. Finally, Proffitt & Goodson Inc. purchased a new position in Vanguard Dividend Appreciation ETF during the first quarter valued at approximately $38,000.

Vanguard Dividend Appreciation ETF Trading Down 2.0%

Shares of VIG stock opened at $212.59 on Monday. The stock has a 50 day moving average of $212.59 and a 200 day moving average of $202.32. The stock has a market cap of $96.38 billion, a P/E ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $218.92.

About Vanguard Dividend Appreciation ETF

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.