Magnolia Capital Advisors LLC Invests $403,000 in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Magnolia Capital Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,210 shares of the company’s stock, valued at approximately $403,000.

A number of other large investors have also recently modified their holdings of VIG. Strategic Financial Concepts LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 33,295.6% in the second quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock worth $1,601,882,000 after buying an additional 8,748,758 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Vanguard Dividend Appreciation ETF by 505.7% in the first quarter. Cetera Investment Advisers now owns 813,293 shares of the company’s stock worth $148,515,000 after purchasing an additional 679,010 shares in the last quarter. HB Wealth Management LLC lifted its position in Vanguard Dividend Appreciation ETF by 15.9% in the first quarter. HB Wealth Management LLC now owns 4,459,230 shares of the company’s stock valued at $814,295,000 after buying an additional 612,202 shares during the last quarter. Vanguard Group Inc. lifted its position in Vanguard Dividend Appreciation ETF by 5.7% in the first quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock valued at $1,576,895,000 after purchasing an additional 466,457 shares during the last quarter. Finally, Annex Advisory Services LLC lifted its position in Vanguard Dividend Appreciation ETF by 79.5% in the first quarter. Annex Advisory Services LLC now owns 898,754 shares of the company’s stock valued at $164,121,000 after buying an additional 398,116 shares in the last quarter.

Vanguard Dividend Appreciation Stocks ETF rose 0.4%

Shares of NYSEARCA:VIG opened at $197.99 on Tuesday. The company has a market cap of $85.60 billion, a PE ratio of 24.54 and a beta of 0.78. The company’s 50-day moving average price is $191.81 and its 200-day moving average price is $184.97. Vanguard Dividend Appreciation ETF has a fifty-two week low of $149.67 and a fifty-two week high of $198.44.

About Vanguard Dividend Appreciation ETF

(Free Report)

The Vanguard Dividend Appreciation ETF (the Fund) seeks to track the investment performance of the Dividend Achievers Select Index. The Vanguard Dividend Appreciation ETF is an exchange-traded share class of the Vanguard Dividend Appreciation Index Fund. The Fund will hold all stocks in the index in approximately the same proportions as their weightings in the index.

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