Confluence Wealth Services Inc. Acquires 167,814 Shares of Vanguard Dividend Appreciation ETF $VIG

Confluence Wealth Services Inc. lifted its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 17.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,157,759 shares of the company’s stock after buying an additional 167,814 shares during the period. Vanguard Dividend Appreciation ETF comprises about 7.0% of Confluence Wealth Services Inc.’s portfolio, making the stock its 2nd biggest holding. Confluence Wealth Services Inc. owned about 0.25% of Vanguard Dividend Appreciation ETF worth $270,117,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VIG. Atlatl Advisers LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at about $27,000. Scarborough Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF in the first quarter valued at about $28,000. Wilkerson Advisory Group LLC grew its position in Vanguard Dividend Appreciation ETF by 198.2% in the first quarter. Wilkerson Advisory Group LLC now owns 164 shares of the company’s stock valued at $35,000 after acquiring an additional 109 shares during the last quarter. Polaris Financial Partners acquired a new position in Vanguard Dividend Appreciation ETF during the third quarter worth about $37,000. Finally, Ballast Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF during the first quarter worth about $38,000.

Vanguard Dividend Appreciation ETF Trading Up 0.3%

VIG stock opened at $249.89 on Wednesday. The stock has a market capitalization of $116.81 billion, a P/E ratio of 23.32 and a beta of 0.79. Vanguard Dividend Appreciation ETF has a 12 month low of $210.01 and a 12 month high of $253.41. The firm has a 50-day moving average price of $240.87 and a 200-day moving average price of $233.31.

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.