Confluence Wealth Services Inc. Raises Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Confluence Wealth Services Inc. lifted its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 599,251 shares of the company’s stock after purchasing an additional 51,165 shares during the period. Vanguard Dividend Appreciation ETF accounts for about 7.9% of Confluence Wealth Services Inc.’s investment portfolio, making the stock its 2nd biggest position. Confluence Wealth Services Inc. owned approximately 0.14% of Vanguard Dividend Appreciation ETF worth $121,294,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of VIG. Country Club Bank grew its position in shares of Vanguard Dividend Appreciation ETF by 19.7% during the 4th quarter. Country Club Bank now owns 63,717 shares of the company’s stock worth $12,476,000 after buying an additional 10,469 shares in the last quarter. Berkshire Money Management Inc. grew its holdings in Vanguard Dividend Appreciation ETF by 1.4% during the 4th quarter. Berkshire Money Management Inc. now owns 313,152 shares of the company’s stock worth $61,325,000 after acquiring an additional 4,280 shares in the last quarter. Weaver Capital Management LLC purchased a new position in Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $311,000. Spirit of America Management Corp NY lifted its position in shares of Vanguard Dividend Appreciation ETF by 3.2% in the 4th quarter. Spirit of America Management Corp NY now owns 3,706 shares of the company’s stock worth $726,000 after purchasing an additional 114 shares during the period. Finally, Stratos Investment Management LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $251,000.

Vanguard Dividend Appreciation ETF Stock Up 0.3 %

Shares of NYSEARCA:VIG opened at $202.21 on Wednesday. The firm has a 50 day moving average of $199.60 and a 200 day moving average of $196.66. The company has a market capitalization of $87.42 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 52 week low of $172.54 and a 52 week high of $205.20.

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.