Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) is M3 Advisory Group LLC’s Largest Position

M3 Advisory Group LLC lifted its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,198 shares of the company’s stock after acquiring an additional 2,375 shares during the period. Vanguard Dividend Appreciation ETF makes up 8.0% of M3 Advisory Group LLC’s portfolio, making the stock its biggest position. M3 Advisory Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $11,201,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VIG. Peterson Financial Group Inc. acquired a new stake in Vanguard Dividend Appreciation ETF in the third quarter valued at approximately $29,000. Bank of New Hampshire boosted its stake in shares of Vanguard Dividend Appreciation ETF by 244.4% in the fourth quarter. Bank of New Hampshire now owns 217 shares of the company’s stock valued at $42,000 after purchasing an additional 154 shares during the period. Bangor Savings Bank grew its holdings in Vanguard Dividend Appreciation ETF by 41.0% during the 4th quarter. Bangor Savings Bank now owns 220 shares of the company’s stock valued at $43,000 after purchasing an additional 64 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter worth $48,000. Finally, Morton Brown Family Wealth LLC increased its stake in Vanguard Dividend Appreciation ETF by 661.8% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 259 shares of the company’s stock worth $51,000 after buying an additional 225 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA:VIG opened at $202.27 on Friday. The firm has a 50-day moving average of $199.51 and a two-hundred day moving average of $195.83. The stock has a market cap of $87.45 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1-year low of $172.30 and a 1-year high of $205.20.

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.