Tower View Wealth Management LLC Raises Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Tower View Wealth Management LLC boosted its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 19,483 shares of the company’s stock after purchasing an additional 73 shares during the period. Vanguard Dividend Appreciation ETF accounts for approximately 2.0% of Tower View Wealth Management LLC’s portfolio, making the stock its 22nd biggest position. Tower View Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,815,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Hanover Advisors Inc. lifted its holdings in Vanguard Dividend Appreciation ETF by 0.8% in the fourth quarter. Hanover Advisors Inc. now owns 89,887 shares of the company’s stock valued at $17,603,000 after acquiring an additional 696 shares during the period. Nixon Peabody Trust Co. acquired a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $308,000. Jacobi Capital Management LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 0.9% in the fourth quarter. Jacobi Capital Management LLC now owns 12,827 shares of the company’s stock valued at $2,512,000 after acquiring an additional 113 shares during the period. TPG Advisors LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 4.5% in the fourth quarter. TPG Advisors LLC now owns 8,991 shares of the company’s stock valued at $1,761,000 after acquiring an additional 390 shares during the period. Finally, Providence First Trust Co acquired a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $33,000.

Vanguard Dividend Appreciation ETF Trading Up 1.4 %

Shares of NYSEARCA:VIG opened at $203.13 on Friday. Vanguard Dividend Appreciation ETF has a 12-month low of $173.17 and a 12-month high of $205.24. The company has a market capitalization of $90.02 billion, a PE ratio of 25.31 and a beta of 0.86. The business has a 50 day moving average of $200.14 and a two-hundred day moving average of $198.70.

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.