Farmers & Merchants Investments Inc. Cuts Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Farmers & Merchants Investments Inc. reduced its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.5% during the third quarter, Holdings Channel reports. The institutional investor owned 20,669 shares of the company’s stock after selling 101 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $4,094,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Family Firm Inc. purchased a new position in Vanguard Dividend Appreciation ETF in the 2nd quarter worth $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 shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at about $26,000. FPC Investment Advisory Inc. acquired a new position in Vanguard Dividend Appreciation ETF in the 1st quarter worth about $30,000. Finally, Providence Capital Advisors LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the second quarter valued at approximately $33,000.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA VIG traded down $0.14 on Tuesday, hitting $197.56. The company had a trading volume of 88,970 shares, compared to its average volume of 818,512. The company’s fifty day moving average price is $196.42 and its 200-day moving average price is $187.54. The company has a market capitalization of $85.41 billion, a PE ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 12-month low of $150.71 and a 12-month high of $201.85.

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.