Sunpointe LLC Invests $860,000 in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Sunpointe LLC bought a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIGFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,047 shares of the company’s stock, valued at approximately $860,000. Vanguard Dividend Appreciation ETF comprises about 1.1% of Sunpointe LLC’s investment portfolio, making the stock its 19th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Provence Wealth Management Group acquired a new position in Vanguard Dividend Appreciation ETF during the 3rd quarter valued at about $29,000. Allspring Global Investments Holdings LLC acquired a new position in Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $31,000. Sittner & Nelson LLC lifted its position in Vanguard Dividend Appreciation ETF by 368.0% during the 3rd quarter. Sittner & Nelson LLC now owns 234 shares of the company’s stock valued at $36,000 after purchasing an additional 184 shares during the period. Providence Capital Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF during the 3rd quarter valued at about $38,000. Finally, VisionPoint Advisory Group LLC acquired a new position in Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $38,000.

Vanguard Dividend Appreciation ETF Stock Performance

Vanguard Dividend Appreciation ETF stock traded down $0.37 during trading hours on Friday, reaching $182.86. 718,762 shares of the company’s stock traded hands, compared to its average volume of 916,430. Vanguard Dividend Appreciation ETF has a fifty-two week low of $149.67 and a fifty-two week high of $184.34. The firm has a market capitalization of $79.05 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The firm’s 50 day moving average is $179.26 and its 200-day moving average is $175.72.

Vanguard Dividend Appreciation ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

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