Montecito Bank & Trust Invests $3.16 Million in Vanguard Dividend Appreciation ETF $VIG

Montecito Bank & Trust acquired a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,650 shares of the company’s stock, valued at approximately $3,161,000.

Other large investors have also bought and sold shares of the company. Laurel Wealth Advisors LLC raised its stake in Vanguard Dividend Appreciation ETF by 20,718.4% during the second quarter. Laurel Wealth Advisors LLC now owns 35,551,585 shares of the company’s stock worth $7,276,343,000 after acquiring an additional 35,380,815 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 19.5% in the 2nd quarter. Wealthfront Advisers LLC now owns 9,089,642 shares of the company’s stock valued at $1,860,377,000 after purchasing an additional 1,486,369 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 102.8% during the 2nd quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock valued at $358,334,000 after purchasing an additional 887,305 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 1st quarter valued at approximately $134,776,000. Finally, Financial Gravity Companies Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $131,375,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA:VIG opened at $218.99 on Thursday. Vanguard Dividend Appreciation ETF has a one year low of $169.32 and a one year high of $224.59. The company has a market cap of $99.28 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. The firm has a 50 day simple moving average of $218.21 and a 200 day simple moving average of $211.85.

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.