Beacon Bank & Trust Grows Stock Holdings in Vanguard Dividend Appreciation ETF $VIG

Beacon Bank & Trust increased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 34.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,831 shares of the company’s stock after buying an additional 5,566 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 1.0% of Beacon Bank & Trust’s portfolio, making the stock its 24th largest position. Beacon Bank & Trust’s holdings in Vanguard Dividend Appreciation ETF were worth $4,711,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Axis Wealth Partners LLC lifted its position in Vanguard Dividend Appreciation ETF by 4.5% in the third quarter. Axis Wealth Partners LLC now owns 16,174 shares of the company’s stock valued at $3,490,000 after purchasing an additional 703 shares during the last quarter. Oliver Luxxe Assets LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 0.4% in the 3rd quarter. Oliver Luxxe Assets LLC now owns 12,454 shares of the company’s stock valued at $2,687,000 after purchasing an additional 46 shares during the period. Cannon Advisors Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter valued at $282,000. Ball & Co Wealth Management Inc. purchased a new stake in Vanguard Dividend Appreciation ETF in the third quarter worth about $20,124,000. Finally, ORG Wealth Partners LLC increased its position in Vanguard Dividend Appreciation ETF by 6,372.2% during the 3rd quarter. ORG Wealth Partners LLC now owns 1,165 shares of the company’s stock valued at $251,000 after buying an additional 1,147 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $224.76 on Friday. The firm’s 50-day moving average is $219.84 and its 200 day moving average is $214.39. The stock has a market cap of $104.28 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 1 year low of $169.32 and a 1 year high of $225.24.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.