Financial Solutions Advisory Group Inc. Invests $3.74 Million in Vanguard Dividend Appreciation ETF $VIG

Financial Solutions Advisory Group Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 1st quarter, Holdings Channel.com reports. The firm bought 17,409 shares of the company’s stock, valued at approximately $3,744,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VIG. Carrera Capital Advisors purchased a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $573,000. Amara Financial LLC. raised its position in shares of Vanguard Dividend Appreciation ETF by 8.7% in the 4th quarter. Amara Financial LLC. now owns 97,959 shares of the company’s stock valued at $21,529,000 after purchasing an additional 7,858 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 62.2% during the 4th quarter. Farther Finance Advisors LLC now owns 139,357 shares of the company’s stock valued at $30,628,000 after buying an additional 53,466 shares during the last quarter. BCS Wealth Management boosted its stake in shares of Vanguard Dividend Appreciation ETF by 100.0% during the 4th quarter. BCS Wealth Management now owns 6,306 shares of the company’s stock valued at $1,386,000 after buying an additional 3,153 shares during the last quarter. Finally, Leo Wealth LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 8.2% during the 4th quarter. Leo Wealth LLC now owns 38,527 shares of the company’s stock valued at $8,467,000 after buying an additional 2,914 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.4%

VIG stock opened at $239.17 on Friday. The firm has a 50 day simple moving average of $236.39 and a 200-day simple moving average of $228.41. The company has a market capitalization of $111.30 billion, a P/E ratio of 23.32 and a beta of 0.82. Vanguard Dividend Appreciation ETF has a twelve month low of $203.17 and a twelve month high of $242.58.

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