Blackston Financial Advisory Group LLC Buys New Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Blackston Financial Advisory Group LLC bought a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 72,520 shares of the company’s stock, valued at approximately $12,357,000. Vanguard Dividend Appreciation ETF makes up about 7.8% of Blackston Financial Advisory Group LLC’s investment portfolio, making the stock its 4th largest position.

Several other hedge funds also recently modified their holdings of the company. Family Investment Center Inc. lifted its position in Vanguard Dividend Appreciation ETF by 1.0% during the fourth quarter. Family Investment Center Inc. now owns 261,981 shares of the company’s stock worth $44,641,000 after buying an additional 2,481 shares during the period. Kingswood Wealth Advisors LLC increased its position in Vanguard Dividend Appreciation ETF by 1,029.5% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 21,855 shares of the company’s stock worth $3,724,000 after purchasing an additional 19,920 shares during the last quarter. Portside Wealth Group LLC acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $610,000. FSC Wealth Advisors LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 14,867.9% in the 4th quarter. FSC Wealth Advisors LLC now owns 32,181 shares of the company’s stock valued at $5,484,000 after purchasing an additional 31,966 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of Vanguard Dividend Appreciation ETF by 2.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,992,041 shares of the company’s stock valued at $339,444,000 after buying an additional 46,778 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 1.3 %

VIG stock opened at $182.36 on Thursday. The company has a market cap of $77.90 billion, a price-to-earnings ratio of 20.10 and a beta of 0.85. The business has a fifty day simple moving average of $176.61 and a 200-day simple moving average of $167.10. Vanguard Dividend Appreciation ETF has a 52 week low of $149.22 and a 52 week high of $183.52.

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.