Newport Wealth Strategies Inc. lifted its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,136 shares of the company’s stock after acquiring an additional 1,611 shares during the period. Vanguard Dividend Appreciation ETF makes up approximately 4.4% of Newport Wealth Strategies Inc.’s holdings, making the stock its 4th biggest holding. Newport Wealth Strategies Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $4,799,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VIG. Bank of Montreal Can increased its stake in Vanguard Dividend Appreciation ETF by 128.8% during the 2nd quarter. Bank of Montreal Can now owns 2,491,197 shares of the company’s stock worth $286,887,000 after purchasing an additional 1,402,493 shares in the last quarter. Bank of America Corp DE increased its stake in Vanguard Dividend Appreciation ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 18,887,478 shares of the company’s stock worth $2,175,082,000 after purchasing an additional 552,015 shares in the last quarter. Thoroughbred Financial Services LLC increased its stake in Vanguard Dividend Appreciation ETF by 11,702.2% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 474,804 shares of the company’s stock worth $47,480,000 after purchasing an additional 470,781 shares in the last quarter. Foundations Investment Advisors LLC bought a new stake in Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $43,531,000. Finally, Connecticut Wealth Management LLC bought a new stake in Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $32,751,000.

NYSEARCA VIG traded up $1.09 during trading hours on Wednesday, reaching $117.20. 929,299 shares of the company’s stock were exchanged, compared to its average volume of 953,487. The company’s 50-day moving average is $118.66 and its two-hundred day moving average is $114.88. Vanguard Dividend Appreciation ETF has a one year low of $91.68 and a one year high of $121.21.

The firm also recently announced a — dividend, which was paid on Friday, September 27th. Investors of record on Wednesday, September 25th were paid a dividend of $0.5523 per share. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a yield of 1.7%.

Vanguard Dividend Appreciation ETF Company 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.

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

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