Hanover Advisors Inc. Increases Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Hanover Advisors Inc. grew its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,887 shares of the company’s stock after buying an additional 696 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for approximately 7.4% of Hanover Advisors Inc.’s portfolio, making the stock its 4th largest holding. Hanover Advisors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $17,603,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VIG. Peterson Financial Group Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF during the third quarter valued at about $29,000. Providence First Trust Co bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $33,000. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $38,000. Bank of New Hampshire grew its stake in shares of Vanguard Dividend Appreciation ETF by 244.4% in the fourth 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 last quarter. Finally, Bangor Savings Bank grew its stake 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 purchasing an additional 64 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA VIG opened at $203.13 on Friday. The stock has a market capitalization of $90.02 billion, a PE ratio of 25.31 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 1 year low of $173.17 and a 1 year high of $205.24. The business’s 50-day moving average is $200.14 and its 200 day moving average is $198.62.

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.