Sage Investment Advisers LLC Invests $2.44 Million in Vanguard Dividend Appreciation ETF $VIG

Sage Investment Advisers LLC purchased a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,113 shares of the company’s stock, valued at approximately $2,442,000. Vanguard Dividend Appreciation ETF makes up about 1.8% of Sage Investment Advisers LLC’s holdings, making the stock its 19th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of VIG. Investment Research & Advisory Group Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $31,000. Eagle Bay Advisors LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $31,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $31,000. Garner Asset Management Corp purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $35,000. Finally, Murphy & Mullick Capital Management Corp lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 158.7% in the fourth quarter. Murphy & Mullick Capital Management Corp now owns 163 shares of the company’s stock worth $36,000 after buying an additional 100 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

VIG stock opened at $234.65 on Monday. The company’s 50 day moving average is $224.42 and its 200 day moving average is $223.28. The stock has a market cap of $108.29 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. Vanguard Dividend Appreciation ETF has a 1-year low of $195.95 and a 1-year high of $234.83.

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.