Lotus Asset Management LLC Takes $8.76 Million Position in Vanguard Dividend Appreciation ETF $VIG

Lotus Asset Management LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 37,032 shares of the company’s stock, valued at approximately $8,762,000. Vanguard Dividend Appreciation ETF accounts for approximately 7.8% of Lotus Asset Management LLC’s portfolio, making the stock its 5th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VIG. Summit Financial Strategies Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 26.5% in the second quarter. Summit Financial Strategies Inc. now owns 1,495 shares of the company’s stock worth $354,000 after purchasing an additional 313 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 27.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 83,181 shares of the company’s stock valued at $19,682,000 after buying an additional 18,059 shares in the last quarter. RFG Advisory LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 14.8% during the 2nd quarter. RFG Advisory LLC now owns 13,292 shares of the company’s stock valued at $3,145,000 after buying an additional 1,709 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 3.5% in the 2nd quarter. NewEdge Advisors LLC now owns 330,832 shares of the company’s stock worth $78,281,000 after buying an additional 11,102 shares during the period. Finally, IFP Advisors Inc boosted its holdings in Vanguard Dividend Appreciation ETF by 5.0% in the 2nd quarter. IFP Advisors Inc now owns 109,943 shares of the company’s stock worth $26,015,000 after buying an additional 5,199 shares during the period.

Vanguard Dividend Appreciation ETF Stock Down 0.5%

NYSEARCA:VIG opened at $238.84 on Thursday. The business’s 50-day simple moving average is $241.27 and its two-hundred day simple moving average is $231.91. The stock has a market cap of $111.15 billion, a PE ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a 52 week low of $210.01 and a 52 week high of $247.45.

Vanguard Dividend Appreciation ETF Company 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.