Focus Financial Network Inc. Increases Stock Position in Vanguard Dividend Appreciation ETF $VIG

Focus Financial Network Inc. increased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 112,982 shares of the company’s stock after buying an additional 3,706 shares during the quarter. Vanguard Dividend Appreciation ETF comprises about 0.8% of Focus Financial Network Inc.’s investment portfolio, making the stock its 22nd biggest position. Focus Financial Network Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $26,734,000 at the end of the most recent reporting period.

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

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock opened at $245.23 on Monday. The stock has a market cap of $114.13 billion, a price-to-earnings ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a fifty-two week low of $206.39 and a fifty-two week high of $245.70. The firm’s 50 day moving average price is $237.39 and its two-hundred day moving average price is $229.07.

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.