Councilmark Asset Management LLC Purchases 19,346 Shares of Vanguard Dividend Appreciation ETF $VIG

Councilmark Asset Management LLC grew its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 33.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,040 shares of the company’s stock after acquiring an additional 19,346 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 9.6% of Councilmark Asset Management LLC’s holdings, making the stock its 2nd biggest position. Councilmark Asset Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $17,152,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Investment Research & Advisory Group Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth $31,000. Eagle Bay Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $31,000. Lloyd Advisory Services LLC. bought a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $31,000. Garner Asset Management Corp acquired a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter valued at $35,000. Finally, Clear Investment Research LLC bought a new stake in Vanguard Dividend Appreciation ETF during the 3rd quarter worth about $38,000.

Vanguard Dividend Appreciation ETF Price Performance

Vanguard Dividend Appreciation ETF stock opened at $233.10 on Tuesday. The firm has a 50-day moving average of $223.14 and a 200-day moving average of $222.79. Vanguard Dividend Appreciation ETF has a one year low of $193.01 and a one year high of $233.50. The company has a market cap of $107.57 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

About Vanguard Dividend Appreciation ETF

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.