Compass Financial Management LLC Invests $7.29 Million in Vanguard Dividend Appreciation ETF $VIG

Compass Financial Management LLC acquired a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 2nd quarter, HoldingsChannel reports. The fund acquired 30,445 shares of the company’s stock, valued at approximately $7,294,000. Vanguard Dividend Appreciation ETF comprises about 0.8% of Compass Financial Management LLC’s investment portfolio, making the stock its 24th largest holding.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Atlatl Advisers LLC bought a new position in Vanguard Dividend Appreciation ETF during the second quarter worth about $27,000. Scarborough Advisors LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the first quarter worth about $28,000. AG Campbell Advisory LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $30,000. Lloyd Advisory Services LLC. bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $31,000. Finally, Garner Asset Management Corp purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at approximately $35,000.

Vanguard Dividend Appreciation ETF Trading Down 0.1%

VIG opened at $244.12 on Thursday. The company has a 50 day moving average of $239.98 and a 200 day moving average of $230.95. The company has a market cap of $113.61 billion, a PE ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a 12 month low of $208.73 and a 12 month high of $247.45.

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.