Kingdom Financial Group LLC. Invests $3.60 Million in Vanguard Dividend Appreciation ETF $VIG

Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 16,360 shares of the company’s stock, valued at approximately $3,596,000. Vanguard Dividend Appreciation ETF makes up about 1.1% of Kingdom Financial Group LLC.’s investment portfolio, making the stock its 13th largest position.

Several other hedge funds have also recently made changes to their positions in VIG. MOR Wealth Management LLC purchased a new position in Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $1,609,000. Jones Financial Companies Lllp increased its stake in shares of Vanguard Dividend Appreciation ETF by 10.6% in the third quarter. Jones Financial Companies Lllp now owns 1,542,835 shares of the company’s stock worth $332,335,000 after acquiring an additional 147,254 shares during the period. Asempa Wealth Advisors purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth $1,807,000. Carrera Capital Advisors purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth $573,000. Finally, Elevatus Welath Management purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth $522,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $231.05 on Friday. The firm has a fifty day moving average price of $222.60 and a 200 day moving average price of $222.54. Vanguard Dividend Appreciation ETF has a 1 year low of $193.01 and a 1 year high of $231.32. The stock has a market cap of $106.63 billion, a PE 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.