Macco Financial Group Inc. Boosts Stake in Vanguard Dividend Appreciation ETF $VIG

Macco Financial Group Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 39.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,533 shares of the company’s stock after purchasing an additional 19,125 shares during the period. Vanguard Dividend Appreciation ETF makes up approximately 11.0% of Macco Financial Group Inc.’s investment portfolio, making the stock its 3rd largest holding. Macco Financial Group Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $14,524,000 as of its most recent SEC filing.

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

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA VIG opened at $234.56 on Monday. Vanguard Dividend Appreciation ETF has a 52-week low of $203.17 and a 52-week high of $238.10. The stock has a market cap of $108.25 billion, a P/E ratio of 23.32 and a beta of 0.82. The firm has a 50 day moving average price of $231.48 and a 200 day moving average price of $225.55.

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.