Claro Advisors LLC Increases Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Claro Advisors LLC has increased its position in the Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 10.6% during the third quarter of 2024. This was revealed in their most recent 13F filing with the Securities and Exchange Commission. After acquiring an additional 376 shares, Claro Advisors LLC now holds a total of 3,937 shares, which are valued at approximately $780,000 as of the end of the latest reporting period.

Other institutional investors have also made adjustments to their stakes in the Vanguard Dividend Appreciation ETF. For instance, Cordant Inc. entered the market with a new investment worth $64,000 during the third quarter. Meanwhile, Onyx Bridge Wealth Group LLC increased its stake slightly by 0.4%, bringing their total to 82,093 shares valued at $16,259,000 after adding 308 shares in the last quarter. Also, Bar Harbor Wealth Management made a new investment valued around $240,000 in Vanguard Dividend Appreciation ETF in the same period.

Secure Asset Management LLC also raised its position by 15.1%, now owning 18,392 shares valued at $3,643,000 following an additional purchase of 2,406 shares. Lastly, Rockwood Wealth Management LLC increased its stake by 5.6%, now owning 3,516 shares worth $696,000 after acquiring another 185 shares over the past quarter.

Current Trading Performance

As of October 20, 2024, the Vanguard Dividend Appreciation ETF was trading at $201.52. The stock has a 50-day moving average of $195.29 and a 200-day moving average of $186.66. With a market capitalization of $87.12 billion, the ETF has a price-to-earnings (P/E) ratio of 24.54 and a beta of 0.78. Over the past year, it has reached a low of $149.67 and a high of $201.85, indicating its performance within that timeframe.

About Vanguard Dividend Appreciation ETF

The Vanguard Dividend Appreciation ETF aims to track the investment performance of the Dividend Achievers Select Index. It is an exchange-traded share class of the Vanguard Dividend Appreciation Index Fund, which holds all the stocks in the index in similar proportions to their weightings.

Further Information

For those interested in other investment options or learning more about market trends, various articles are available discussing topics such as blue-chip stocks, recent market movements, and financial calculations for dividend investments.

Vanguard, ETF, Investment