Abbot Financial Management Inc. Acquires 319 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Abbot Financial Management Inc. raised its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,036 shares of the company’s stock after buying an additional 319 shares during the period. Vanguard Dividend Appreciation ETF makes up about 2.2% of Abbot Financial Management Inc.’s investment portfolio, making the stock its 8th largest holding. Abbot Financial Management Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $4,023,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Family Firm Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF in the second quarter worth about $25,000. Eagle Bay Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF during the 1st quarter worth approximately $26,000. 1620 Investment Advisors Inc. acquired a new stake in Vanguard Dividend Appreciation ETF during the 2nd quarter valued at $26,000. FPC Investment Advisory Inc. acquired a new stake in Vanguard Dividend Appreciation ETF during the 1st quarter valued at $30,000. Finally, HighMark Wealth Management LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 371.8% in the second quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock valued at $34,000 after purchasing an additional 145 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.5 %

Shares of VIG stock opened at $196.74 on Tuesday. The stock’s fifty day simple moving average is $189.82 and its 200-day simple moving average is $183.69. The company has a market capitalization of $85.05 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1-year low of $149.67 and a 1-year high of $196.97.

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.