Genesis Private Wealth LLC Makes New $5.66 Million Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Genesis Private Wealth LLC bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 28,897 shares of the company’s stock, valued at approximately $5,659,000. Vanguard Dividend Appreciation ETF makes up about 3.1% of Genesis Private Wealth LLC’s investment portfolio, making the stock its 8th largest position.

Several other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 5.7% during the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after purchasing an additional 314,952 shares in the last quarter. HB Wealth Management LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 1.7% during the 4th quarter. HB Wealth Management LLC now owns 4,868,929 shares of the company’s stock worth $942,870,000 after buying an additional 82,030 shares during the last quarter. Raymond James & Associates raised its stake in shares of Vanguard Dividend Appreciation ETF by 5.1% during the 3rd quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock worth $732,612,000 after buying an additional 178,450 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard Dividend Appreciation ETF by 3.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,295,589 shares of the company’s stock worth $652,725,000 after buying an additional 123,584 shares during the last quarter. Finally, HighTower Advisors LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 1.8% during the 3rd quarter. HighTower Advisors LLC now owns 2,211,138 shares of the company’s stock worth $438,024,000 after buying an additional 39,560 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 1.0 %

Shares of VIG stock opened at $201.10 on Wednesday. The firm has a 50-day moving average price of $199.41 and a 200 day moving average price of $195.49. Vanguard Dividend Appreciation ETF has a twelve month low of $172.22 and a twelve month high of $205.20. The company has a market capitalization of $86.94 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.