Founders Financial Securities LLC Buys 5,424 Shares of Vanguard Dividend Appreciation ETF $VIG

Founders Financial Securities LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 237,684 shares of the company’s stock after acquiring an additional 5,424 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 2.7% of Founders Financial Securities LLC’s holdings, making the stock its 3rd largest position. Founders Financial Securities LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $55,454,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. The Manufacturers Life Insurance Company raised its holdings in Vanguard Dividend Appreciation ETF by 90.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,506,493 shares of the company’s stock worth $356,466,000 after purchasing an additional 715,474 shares during the period. Spirit of America Management Corp NY boosted its stake in Vanguard Dividend Appreciation ETF by 18,919.1% during the 2nd quarter. Spirit of America Management Corp NY now owns 378,100 shares of the company’s stock worth $89,466,000 after purchasing an additional 376,112 shares during the last quarter. Ascentis Wealth Management LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 27,930.0% during the second quarter. Ascentis Wealth Management LLC now owns 332,716 shares of the company’s stock worth $78,727,000 after buying an additional 331,529 shares in the last quarter. Cambridge Associates LLC MA ADV purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the first quarter worth $44,798,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 17.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,346,092 shares of the company’s stock valued at $319,864,000 after buying an additional 198,974 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 1.3%

NYSEARCA:VIG opened at $249.16 on Friday. The company’s 50-day moving average price is $240.16 and its 200-day moving average price is $232.38. The company has a market cap of $116.61 billion, a P/E ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a twelve month low of $210.01 and a twelve month high of $249.22.

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.