Montis Financial LLC Grows Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Montis Financial LLC raised its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 285.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,509 shares of the company’s stock after buying an additional 5,561 shares during the quarter. Montis Financial LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,471,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Parkworth Wealth Management Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $28,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF in the third quarter worth about $29,000. Providence First Trust Co purchased a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $33,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $38,000. Finally, Synergy Investment Management LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $39,000.

Vanguard Dividend Appreciation ETF Stock Up 1.4 %

Vanguard Dividend Appreciation ETF stock opened at $193.08 on Friday. The firm has a market cap of $85.57 billion, a price-to-earnings ratio of 25.31 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 52 week low of $173.17 and a 52 week high of $205.24. The business’s 50-day moving average price is $199.94 and its 200 day moving average price is $198.96.

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.