Diversify Advisory Services LLC Invests $484,000 in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Diversify Advisory Services LLC purchased a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,637 shares of the company’s stock, valued at approximately $484,000.

A number of other institutional investors have also bought and sold shares of VIG. Eagle Bay Advisors LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 1st quarter valued at about $26,000. FPC Investment Advisory Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF during the 1st quarter valued at about $30,000. Allspring Global Investments Holdings LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $31,000. Opal Wealth Advisors LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 1st quarter valued at about $34,000. Finally, VisionPoint Advisory Group LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $38,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG traded up $0.35 during midday trading on Friday, hitting $185.70. 508,803 shares of the company traded hands, compared to its average volume of 889,447. The firm has a 50 day moving average of $184.87 and a 200-day moving average of $180.49. Vanguard Dividend Appreciation ETF has a 52 week low of $149.67 and a 52 week high of $190.97. The stock has a market cap of $80.28 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.