OLD Point Trust & Financial Services N A Invests $288,000 in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

OLD Point Trust & Financial Services N A purchased a new stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,470 shares of the company’s stock, valued at approximately $288,000.

Other hedge funds have also recently bought and sold shares of the company. Curio Wealth LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $26,000. Parkworth Wealth Management Inc. bought a new position in Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $28,000. Providence First Trust Co acquired a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $33,000. Comprehensive Financial Planning Inc. PA bought a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $38,000. Finally, Synergy Investment Management LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $39,000.

Vanguard Dividend Appreciation ETF Trading Up 0.8 %

NYSEARCA:VIG opened at $195.33 on Thursday. The stock has a market capitalization of $86.52 billion, a P/E ratio of 24.18 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 1 year low of $173.17 and a 1 year high of $205.24. The firm has a 50 day moving average of $199.89 and a 200-day moving average of $199.00.

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.