Independent Advisor Alliance Purchases 395,618 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Independent Advisor Alliance lifted its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 19,950.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 397,601 shares of the company’s stock after buying an additional 395,618 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 1.0% of Independent Advisor Alliance’s investment portfolio, making the stock its 15th largest holding. Independent Advisor Alliance owned 0.09% of Vanguard Dividend Appreciation ETF worth $77,862,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Johnson Investment Counsel Inc. boosted its position in Vanguard Dividend Appreciation ETF by 1.5% during the fourth quarter. Johnson Investment Counsel Inc. now owns 57,769 shares of the company’s stock worth $11,313,000 after purchasing an additional 861 shares during the period. Gallagher Capital Advisors LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $358,000. EPIQ Capital Group LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 0.9% during the fourth quarter. EPIQ Capital Group LLC now owns 7,051 shares of the company’s stock worth $1,381,000 after buying an additional 61 shares during the last quarter. New Insight Wealth Advisors lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 8.5% during the fourth quarter. New Insight Wealth Advisors now owns 23,473 shares of the company’s stock worth $4,597,000 after buying an additional 1,834 shares during the last quarter. Finally, SLT Holdings LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $1,047,000.

Vanguard Dividend Appreciation ETF Stock Up 0.9 %

Shares of VIG stock opened at $199.59 on Monday. Vanguard Dividend Appreciation ETF has a 12 month low of $173.17 and a 12 month high of $205.24. The firm has a market cap of $88.45 billion, a PE ratio of 25.31 and a beta of 0.86. The stock has a 50 day moving average of $200.21 and a 200-day moving average of $199.05.

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.