Laurel Oak Wealth Management LLC Increases Stock Position in Vanguard Dividend Appreciation ETF $VIG

Laurel Oak Wealth Management LLC lifted its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,050 shares of the company’s stock after purchasing an additional 2,166 shares during the period. Vanguard Dividend Appreciation ETF accounts for about 1.7% of Laurel Oak Wealth Management LLC’s holdings, making the stock its 11th biggest position. Laurel Oak Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $10,334,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VIG. AG Campbell Advisory LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $30,000. Investment Research & Advisory Group Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $31,000. Eagle Bay Advisors LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $31,000. Lloyd Advisory Services LLC. purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $31,000. Finally, Garner Asset Management Corp purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $35,000.

Vanguard Dividend Appreciation ETF Stock Down 0.3%

VIG stock opened at $234.56 on Friday. The firm has a market cap of $108.25 billion, a PE ratio of 23.32 and a beta of 0.82. The business has a 50 day moving average of $231.48 and a 200-day moving average of $225.51. Vanguard Dividend Appreciation ETF has a 12-month low of $203.17 and a 12-month high of $238.10.

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.