GEN Financial Management INC. Invests $27.93 Million in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

GEN Financial Management INC. purchased a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 142,603 shares of the company’s stock, valued at approximately $27,926,000. Vanguard Dividend Appreciation ETF accounts for about 18.1% of GEN Financial Management INC.’s investment portfolio, making the stock its biggest position.

Several other institutional investors have also recently made changes to their positions in VIG. AQR Capital Management LLC increased its stake in Vanguard Dividend Appreciation ETF by 508.0% in the second quarter. AQR Capital Management LLC now owns 19,955 shares of the company’s stock valued at $3,643,000 after acquiring an additional 16,673 shares during the last quarter. Millennium Management LLC increased its stake in Vanguard Dividend Appreciation ETF by 251.0% in the second quarter. Millennium Management LLC now owns 22,589 shares of the company’s stock valued at $4,124,000 after acquiring an additional 16,153 shares during the last quarter. WealthBridge Capital Management LLC increased its stake in Vanguard Dividend Appreciation ETF by 3.0% in the third quarter. WealthBridge Capital Management LLC now owns 28,730 shares of the company’s stock valued at $5,690,000 after acquiring an additional 832 shares during the last quarter. Cora Capital Advisors LLC increased its stake in Vanguard Dividend Appreciation ETF by 0.7% in the third quarter. Cora Capital Advisors LLC now owns 22,581 shares of the company’s stock valued at $4,472,000 after acquiring an additional 162 shares during the last quarter. Finally, Alpha Financial Partners LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the third quarter valued at about $3,597,000.

Vanguard Dividend Appreciation ETF Stock Down 0.3 %

NYSEARCA VIG opened at $201.67 on Tuesday. The company has a 50-day simple moving average of $199.69 and a two-hundred day simple moving average of $196.46. Vanguard Dividend Appreciation ETF has a 12-month low of $172.54 and a 12-month high of $205.20. The firm has a market cap of $87.19 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

Vanguard Dividend Appreciation ETF 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.