Martel Wealth Advisors Inc Cuts Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Martel Wealth Advisors Inc reduced its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 83,239 shares of the company’s stock after selling 2,955 shares during the quarter. Vanguard Dividend Appreciation ETF makes up about 3.2% of Martel Wealth Advisors Inc’s holdings, making the stock its 7th biggest holding. Martel Wealth Advisors Inc’s holdings in Vanguard Dividend Appreciation ETF were worth $16,301,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Atomi Financial Group Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 2.3% during the third quarter. Atomi Financial Group Inc. now owns 10,731 shares of the company’s stock valued at $2,125,000 after buying an additional 244 shares during the period. Founders Financial Alliance LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 1.9% in the second quarter. Founders Financial Alliance LLC now owns 7,840 shares of the company’s stock valued at $1,431,000 after acquiring an additional 148 shares in the last quarter. Independent Family Office LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 7.7% in the third quarter. Independent Family Office LLC now owns 30,142 shares of the company’s stock valued at $5,938,000 after acquiring an additional 2,164 shares in the last quarter. Millennium Management LLC increased its position in Vanguard Dividend Appreciation ETF by 251.0% during the 2nd quarter. Millennium Management LLC now owns 22,589 shares of the company’s stock valued at $4,124,000 after purchasing an additional 16,153 shares during the period. Finally, Ridgewood Investments LLC raised its holdings in Vanguard Dividend Appreciation ETF by 12.4% in the 3rd quarter. Ridgewood Investments LLC now owns 4,602 shares of the company’s stock worth $911,000 after purchasing an additional 508 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

VIG stock opened at $199.15 on Tuesday. Vanguard Dividend Appreciation ETF has a 1 year low of $169.06 and a 1 year high of $205.20. The firm has a 50-day moving average of $199.49 and a 200 day moving average of $195.38. The company has a market cap of $86.10 billion, a P/E ratio of 24.54 and a beta of 0.78.

Vanguard Dividend Appreciation ETF 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.