Prospect Financial Group LLC Acquires Shares of 8,373 Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Prospect Financial Group LLC bought a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,373 shares of the company’s stock, valued at approximately $1,640,000. Vanguard Dividend Appreciation ETF comprises 2.0% of Prospect Financial Group LLC’s holdings, making the stock its 15th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Curio Wealth LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $26,000. Parkworth Wealth Management Inc. purchased a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth $28,000. Providence First Trust Co purchased a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $33,000. Comprehensive Financial Planning Inc. PA purchased a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $38,000. Finally, Synergy Investment Management LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $39,000.

Vanguard Dividend Appreciation ETF Stock Up 1.2 %

NYSEARCA:VIG opened at $196.49 on Tuesday. The stock has a market capitalization of $87.04 billion, a PE ratio of 24.18 and a beta of 0.85. The stock’s 50-day moving average price is $199.94 and its 200-day moving average price is $199.05. Vanguard Dividend Appreciation ETF has a 52 week low of $173.17 and a 52 week high of $205.24.

Vanguard Dividend Appreciation ETF 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.