Martel Wealth Advisors Inc Has $16.30 Million Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Martel Wealth Advisors Inc decreased its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,239 shares of the company’s stock after selling 2,955 shares during the period. Vanguard Dividend Appreciation ETF comprises about 3.2% of Martel Wealth Advisors Inc’s investment portfolio, making the stock its 7th biggest position. Martel Wealth Advisors Inc’s holdings in Vanguard Dividend Appreciation ETF were worth $16,301,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Peterson Financial Group Inc. bought a new stake in Vanguard Dividend Appreciation ETF in the 3rd quarter worth approximately $29,000. Providence Capital Advisors LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the second quarter worth approximately $33,000. Bank of New Hampshire lifted its holdings 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 acquiring an additional 154 shares during the last quarter. Bangor Savings Bank boosted its stake in shares of 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 purchasing an additional 64 shares in the last quarter. Finally, Retirement Wealth Solutions LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at $48,000.

Vanguard Dividend Appreciation ETF Stock Up 0.7 %

Shares of NYSEARCA:VIG opened at $199.15 on Tuesday. The stock has a market cap of $86.10 billion, a PE ratio of 24.54 and a beta of 0.78. The company’s fifty day moving average is $199.49 and its 200 day moving average is $195.38. Vanguard Dividend Appreciation ETF has a 52 week low of $169.06 and a 52 week high of $205.20.

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.