Archvest Wealth Advisors Inc. Reduces Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Archvest Wealth Advisors Inc. cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 31.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,201 shares of the company’s stock after selling 550 shares during the period. Archvest Wealth Advisors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $235,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Peterson Financial Group Inc. acquired a new position in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at about $29,000. Bank of New Hampshire raised its stake in shares of Vanguard Dividend Appreciation ETF by 244.4% during the fourth quarter. Bank of New Hampshire now owns 217 shares of the company’s stock worth $42,000 after purchasing an additional 154 shares during the last quarter. Bangor Savings Bank grew its position in Vanguard Dividend Appreciation ETF by 41.0% in the 4th quarter. Bangor Savings Bank now owns 220 shares of the company’s stock valued at $43,000 after buying an additional 64 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth $48,000. Finally, Morton Brown Family Wealth LLC raised its holdings in Vanguard Dividend Appreciation ETF by 661.8% during the third quarter. Morton Brown Family Wealth LLC now owns 259 shares of the company’s stock worth $51,000 after purchasing an additional 225 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.8 %

Shares of VIG opened at $201.83 on Friday. The firm has a market capitalization of $87.26 billion, a PE ratio of 24.54 and a beta of 0.78. The stock’s 50 day moving average is $199.60 and its two-hundred day moving average is $196.76. Vanguard Dividend Appreciation ETF has a twelve month low of $172.54 and a twelve month 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.