Tennessee Valley Asset Management Partners Has $6.52 Million Stock Position in Vanguard Dividend Appreciation ETF $VIG

Tennessee Valley Asset Management Partners grew its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1,915.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 30,235 shares of the company’s stock after acquiring an additional 28,735 shares during the quarter. Vanguard Dividend Appreciation ETF makes up about 0.9% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its 19th largest holding. Tennessee Valley Asset Management Partners’ holdings in Vanguard Dividend Appreciation ETF were worth $6,524,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. BNP Paribas Financial Markets grew its position in Vanguard Dividend Appreciation ETF by 32.6% in the third quarter. BNP Paribas Financial Markets now owns 1,636 shares of the company’s stock worth $353,000 after acquiring an additional 402 shares in the last quarter. SageView Advisory Group LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 131.6% in the 3rd quarter. SageView Advisory Group LLC now owns 17,377 shares of the company’s stock valued at $3,750,000 after purchasing an additional 9,875 shares during the last quarter. Financial Life Planners boosted its holdings in Vanguard Dividend Appreciation ETF by 5.8% in the third quarter. Financial Life Planners now owns 3,533 shares of the company’s stock worth $762,000 after purchasing an additional 195 shares in the last quarter. Franklin Resources Inc. increased its position in Vanguard Dividend Appreciation ETF by 0.6% during the third quarter. Franklin Resources Inc. now owns 444,867 shares of the company’s stock worth $95,998,000 after buying an additional 2,698 shares during the last quarter. Finally, Evensky & Katz LLC raised its holdings in Vanguard Dividend Appreciation ETF by 0.7% during the third quarter. Evensky & Katz LLC now owns 257,725 shares of the company’s stock valued at $55,615,000 after buying an additional 1,777 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA:VIG opened at $220.99 on Thursday. The stock has a market capitalization of $102.53 billion, a P/E ratio of 23.32 and a beta of 0.85. The business has a 50-day moving average of $225.15 and a two-hundred day moving average of $219.95. Vanguard Dividend Appreciation ETF has a fifty-two week low of $169.32 and a fifty-two week high of $230.53.

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.