A device 10 for supporting and vertically adjusting the position of a picture or other object after the device 10 is secured to a support structure includes a first member 12 having an upper portion 14 that is secured to a wall or similar support structure, and a lower portion having a plurality of horizontally aligned and alternating ridges 42 and parallel arcuate depressions 44 that are adjacent and perpendicular to opposing vertical channels 22. The device further includes a second member 26 that is slidably secured to the first member 12 via skate members 28 inserted in the channels 22 of the first member 12. An annular hanger member 36 is joined to a lower end 38 of the plate portion 34 to removably receive a substantially "D" configured hanger 40 that supports the object. A locking rod 46 is ultimately inserted between the first and second members 12 and 26 such that the vertical position of the second member 26 and the object secured thereto is maintained without inserting fasteners through the second member 26 and into the support structure.