Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) is Global Wealth Management LLC’s 7th Largest Position

Global Wealth Management LLC grew its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,486 shares of the company’s stock after buying an additional 182 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 6.8% of Global Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. Global Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $10,670,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 5.7% during the third quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after purchasing an additional 314,952 shares in the last quarter. HB Wealth Management LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 1.7% during the fourth quarter. HB Wealth Management LLC now owns 4,868,929 shares of the company’s stock worth $942,870,000 after purchasing an additional 82,030 shares in the last quarter. Raymond James & Associates increased its position in shares of Vanguard Dividend Appreciation ETF by 5.1% during the third quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock worth $732,612,000 after purchasing an additional 178,450 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Vanguard Dividend Appreciation ETF by 3.9% during the third quarter. JPMorgan Chase & Co. now owns 3,295,589 shares of the company’s stock worth $652,725,000 after purchasing an additional 123,584 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 1.8% during the third quarter. HighTower Advisors LLC now owns 2,211,138 shares of the company’s stock worth $438,024,000 after purchasing an additional 39,560 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA VIG opened at $199.15 on Monday. The stock’s fifty day moving average is $199.49 and its two-hundred day moving average is $195.30. The firm has a market capitalization of $86.10 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a fifty-two week low of $169.06 and a fifty-two week high of $205.20.

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.