Navis Wealth Advisors LLC Boosts Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Navis Wealth Advisors LLC increased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,466 shares of the company’s stock after purchasing an additional 288 shares during the period. Vanguard Dividend Appreciation ETF accounts for 1.7% of Navis Wealth Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Navis Wealth Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,272,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Provence Wealth Management Group bought a new stake in Vanguard Dividend Appreciation ETF during the third quarter worth approximately $29,000. Sawyer & Company Inc bought a new stake in Vanguard Dividend Appreciation ETF during the third quarter worth approximately $31,000. Allspring Global Investments Holdings LLC bought a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $31,000. Sittner & Nelson LLC increased its stake in Vanguard Dividend Appreciation ETF by 368.0% during the third quarter. Sittner & Nelson LLC now owns 234 shares of the company’s stock worth $36,000 after acquiring an additional 184 shares during the last quarter. Finally, Providence Capital Advisors LLC bought a new stake in Vanguard Dividend Appreciation ETF during the third quarter worth approximately $38,000.

Vanguard Dividend Appreciation ETF Stock Up 0.1 %

NYSEARCA VIG traded up $0.18 during trading hours on Friday, hitting $176.73. 892,129 shares of the company were exchanged, compared to its average volume of 1,017,408. The stock has a 50-day moving average price of $178.50 and a 200 day moving average price of $170.23. Vanguard Dividend Appreciation ETF has a 52 week low of $149.67 and a 52 week high of $183.52. The stock has a market cap of $76.40 billion, a PE ratio of 24.56 and a beta of 0.80.

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.