Steinberganna Wealth Management Invests $3.98 Million in Vanguard Dividend Appreciation ETF $VIG

Steinberganna Wealth Management purchased a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 18,461 shares of the company’s stock, valued at approximately $3,984,000. Vanguard Dividend Appreciation ETF accounts for about 1.9% of Steinberganna Wealth Management’s portfolio, making the stock its 10th biggest position.

A number of other institutional investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 20,718.4% during the second quarter. Laurel Wealth Advisors LLC now owns 35,551,585 shares of the company’s stock worth $7,276,343,000 after purchasing an additional 35,380,815 shares during the period. Wealthfront Advisers LLC increased its position in Vanguard Dividend Appreciation ETF by 19.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 9,089,642 shares of the company’s stock worth $1,860,377,000 after buying an additional 1,486,369 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 102.8% during the second quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock worth $358,334,000 after buying an additional 887,305 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the first quarter valued at about $134,776,000. Finally, Financial Gravity Companies Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF in the second quarter valued at about $131,375,000.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $223.22 on Friday. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $224.59. The firm’s 50-day simple moving average is $219.68 and its 200 day simple moving average is $214.14. The firm has a market cap of $103.57 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.