Archvest Wealth Advisors Inc. Makes New $2.43 Million Investment in Vanguard Dividend Appreciation ETF $VIG

Archvest Wealth Advisors Inc. acquired a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 4th quarter, HoldingsChannel reports. The firm acquired 11,055 shares of the company’s stock, valued at approximately $2,430,000. Vanguard Dividend Appreciation ETF makes up 0.7% of Archvest Wealth Advisors Inc.’s portfolio, making the stock its 16th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in Vanguard Dividend Appreciation ETF by 92.5% during the 4th quarter. Brighton Jones LLC now owns 34,563 shares of the company’s stock valued at $6,768,000 after acquiring an additional 16,606 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 12.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,066 shares of the company’s stock valued at $992,000 after purchasing an additional 577 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of Vanguard Dividend Appreciation ETF by 4.7% during the second quarter. Russell Investments Group Ltd. now owns 3,218 shares of the company’s stock valued at $659,000 after purchasing an additional 143 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 87.1% during the second quarter. First Trust Advisors LP now owns 4,826 shares of the company’s stock valued at $988,000 after purchasing an additional 2,246 shares during the last quarter. Finally, Gamco Investors INC. ET AL bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter worth approximately $993,000.

Vanguard Dividend Appreciation ETF Trading Down 0.2%

Shares of NYSEARCA:VIG opened at $235.50 on Thursday. Vanguard Dividend Appreciation ETF has a 12-month low of $198.37 and a 12-month high of $236.32. The stock has a fifty day simple moving average of $225.67 and a two-hundred day simple moving average of $223.63. The stock has a market capitalization of $108.68 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

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