Davidson Trust Co. Grows Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Davidson Trust Co. boosted its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 21.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,091 shares of the company’s stock after purchasing an additional 374 shares during the quarter. Davidson Trust Co.’s holdings in Vanguard Dividend Appreciation ETF were worth $356,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of VIG. Financial Freedom LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $28,000. Provence Wealth Management Group acquired a new position in Vanguard Dividend Appreciation ETF during the third quarter valued at approximately $29,000. Sawyer & Company Inc acquired a new position in Vanguard Dividend Appreciation ETF during the third quarter valued at approximately $31,000. Allspring Global Investments Holdings LLC acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $31,000. Finally, Federated Hermes Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the third quarter valued at approximately $33,000.

Vanguard Dividend Appreciation ETF Price Performance

VIG stock traded up $0.36 during midday trading on Friday, reaching $173.99. 382,848 shares of the company’s stock traded hands, compared to its average volume of 1,035,397. The company has a market capitalization of $75.22 billion, a P/E ratio of 24.56 and a beta of 0.80. Vanguard Dividend Appreciation ETF has a fifty-two week low of $149.67 and a fifty-two week high of $183.52. The business has a 50-day moving average price of $178.40 and a two-hundred day moving average price of $169.23.

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.