Stratos Investment Management LLC Invests $251,000 in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Stratos Investment Management LLC bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 1,283 shares of the company’s stock, valued at approximately $251,000.

A number of other hedge funds also recently modified their holdings of the stock. LPL Financial LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 5.7% during the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after buying an additional 314,952 shares during the last quarter. HB Wealth Management LLC increased its position in 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 acquiring an additional 82,030 shares during the period. Raymond James & Associates increased its position in 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 acquiring an additional 178,450 shares during the period. JPMorgan Chase & Co. increased its position in 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 acquiring an additional 123,584 shares during the period. Finally, HighTower Advisors LLC increased its position in 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 acquiring an additional 39,560 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $203.88 on Thursday. Vanguard Dividend Appreciation ETF has a 52 week low of $172.54 and a 52 week high of $205.20. The firm has a market cap of $88.14 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The firm’s 50-day simple moving average is $199.60 and its 200 day simple moving average is $196.66.

About Vanguard Dividend Appreciation ETF

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.