Evergreen Wealth Management LLC Purchases 9,413 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Evergreen Wealth Management LLC raised its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 20.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,502 shares of the company’s stock after purchasing an additional 9,413 shares during the period. Vanguard Dividend Appreciation ETF accounts for 6.5% of Evergreen Wealth Management LLC’s investment portfolio, making the stock its largest holding. Evergreen Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $10,795,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Heritage Investment Group Inc. purchased a new stake in Vanguard Dividend Appreciation ETF in the third quarter valued at approximately $205,000. KPP Advisory Services LLC raised its position in Vanguard Dividend Appreciation ETF by 25.0% in the 3rd quarter. KPP Advisory Services LLC now owns 2,962 shares of the company’s stock valued at $587,000 after purchasing an additional 592 shares during the last quarter. RIA Advisory Group LLC acquired a new stake in Vanguard Dividend Appreciation ETF during the 3rd quarter worth $469,000. Seelaus Asset Management LLC grew its position in Vanguard Dividend Appreciation ETF by 19.5% during the 3rd quarter. Seelaus Asset Management LLC now owns 1,920 shares of the company’s stock worth $380,000 after purchasing an additional 313 shares during the last quarter. Finally, Coastline Trust Co acquired a new position in Vanguard Dividend Appreciation ETF in the third quarter valued at $185,000.

Vanguard Dividend Appreciation ETF Trading Down 0.8 %

Shares of NYSEARCA VIG traded down $1.53 during midday trading on Friday, reaching $198.69. 1,248,363 shares of the company were exchanged, compared to its average volume of 827,534. The stock has a market cap of $85.90 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1 year low of $161.43 and a 1 year high of $203.80. The stock has a fifty day simple moving average of $197.97 and a 200 day simple moving average of $189.66.

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.