Merit Financial Group LLC Reduces Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Merit Financial Group LLC cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,657 shares of the company’s stock after selling 1,690 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $10,899,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Peterson Financial Group Inc. purchased a new stake in Vanguard Dividend Appreciation ETF during the 3rd quarter valued at $29,000. Providence Capital Advisors LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the second quarter worth $33,000. Bank of New Hampshire increased its position in Vanguard Dividend Appreciation ETF by 244.4% during the fourth quarter. Bank of New Hampshire now owns 217 shares of the company’s stock valued at $42,000 after acquiring an additional 154 shares during the last quarter. Bangor Savings Bank increased its position in Vanguard Dividend Appreciation ETF by 41.0% during the fourth quarter. Bangor Savings Bank now owns 220 shares of the company’s stock valued at $43,000 after acquiring an additional 64 shares during the last quarter. Finally, Morton Brown Family Wealth LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 661.8% in the third quarter. Morton Brown Family Wealth LLC now owns 259 shares of the company’s stock valued at $51,000 after acquiring an additional 225 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 0.7 %

Vanguard Dividend Appreciation ETF stock opened at $199.15 on Friday. Vanguard Dividend Appreciation ETF has a 52-week low of $169.06 and a 52-week high of $205.20. The company has a market cap of $86.10 billion, a P/E ratio of 24.54 and a beta of 0.78. The business has a 50-day simple moving average of $199.56 and a two-hundred day simple moving average of $195.10.

Vanguard Dividend Appreciation ETF Company 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.