Trinity Financial Advisors LLC Reduces Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Trinity Financial Advisors LLC cut its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 19.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,722 shares of the company’s stock after selling 407 shares during the period. Trinity Financial Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $336,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Peterson Financial Group Inc. bought a new position in Vanguard Dividend Appreciation ETF in the third quarter valued at about $29,000. Providence Capital Advisors LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at about $33,000. Bank of New Hampshire lifted its stake in shares of Vanguard Dividend Appreciation ETF by 244.4% in the 4th 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 period. Bangor Savings Bank boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 41.0% in the fourth quarter. Bangor Savings Bank now owns 220 shares of the company’s stock worth $43,000 after buying an additional 64 shares during the last quarter. Finally, Morton Brown Family Wealth LLC grew its position 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 valued at $51,000 after buying an additional 225 shares during the period.

Vanguard Dividend Appreciation ETF Trading Down 1.5 %

VIG stock traded down $2.97 during midday trading on Friday, reaching $192.84. 1,787,770 shares of the company’s stock traded hands, compared to its average volume of 1,172,180. The stock’s 50-day moving average is $199.80 and its 200 day moving average is $194.69. The stock has a market cap of $83.37 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 52-week low of $168.65 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.