Riverbend Wealth Management LLC Takes $200,000 Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Riverbend Wealth Management LLC bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 1,020 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Live Oak Private Wealth LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 4.5% during the fourth quarter. Live Oak Private Wealth LLC now owns 1,165 shares of the company’s stock worth $228,000 after purchasing an additional 50 shares in the last quarter. Birchcreek Wealth Management LLC increased its stake in Vanguard Dividend Appreciation ETF by 0.7% during the 4th quarter. Birchcreek Wealth Management LLC now owns 7,028 shares of the company’s stock worth $1,376,000 after buying an additional 50 shares during the period. Chicago Partners Investment Group LLC increased its stake in Vanguard Dividend Appreciation ETF by 0.3% during the 4th quarter. Chicago Partners Investment Group LLC now owns 15,321 shares of the company’s stock worth $3,000,000 after buying an additional 52 shares during the period. Bruce G. Allen Investments LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 3.9% during the 4th quarter. Bruce G. Allen Investments LLC now owns 1,425 shares of the company’s stock worth $279,000 after buying an additional 53 shares in the last quarter. Finally, BluePointe Capital Management LLC boosted its position in Vanguard Dividend Appreciation ETF by 0.7% in the 3rd quarter. BluePointe Capital Management LLC now owns 8,078 shares of the company’s stock valued at $1,607,000 after buying an additional 54 shares during the period.

Vanguard Dividend Appreciation ETF Stock Down 1.8 %

NYSEARCA:VIG opened at $196.09 on Tuesday. Vanguard Dividend Appreciation ETF has a 52 week low of $173.17 and a 52 week high of $205.24. The company has a fifty day simple moving average of $200.22 and a two-hundred day simple moving average of $199.07. The company has a market cap of $86.90 billion, a price-to-earnings ratio of 25.31 and a beta of 0.86.

Vanguard Dividend Appreciation ETF Profile

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.