Montecito Bank & Trust Trims Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Montecito Bank & Trust lowered its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 8.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,957 shares of the company’s stock after selling 1,811 shares during the period. Montecito Bank & Trust’s holdings in Vanguard Dividend Appreciation ETF were worth $3,755,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Norden Group LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 1st quarter worth about $422,000. Envestnet Portfolio Solutions Inc. grew its position in Vanguard Dividend Appreciation ETF by 3.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 38,105 shares of the company’s stock valued at $6,958,000 after acquiring an additional 1,169 shares during the last quarter. Motive Wealth Advisors raised its stake in shares of Vanguard Dividend Appreciation ETF by 58.2% during the first quarter. Motive Wealth Advisors now owns 67,677 shares of the company’s stock worth $12,358,000 after acquiring an additional 24,906 shares in the last quarter. Roof Eidam Maycock Peralta LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 1.5% in the 1st quarter. Roof Eidam Maycock Peralta LLC now owns 117,019 shares of the company’s stock worth $21,369,000 after acquiring an additional 1,719 shares during the last quarter. Finally, Hilltop National Bank bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 1st quarter worth approximately $612,000.

Vanguard Dividend Appreciation ETF Stock Performance

VIG stock opened at $201.36 on Thursday. The firm has a market cap of $87.05 billion, a P/E ratio of 24.54 and a beta of 0.78. The firm’s fifty day moving average is $196.91 and its 200 day moving average is $188.54. Vanguard Dividend Appreciation ETF has a 52 week low of $156.79 and a 52 week high of $201.85.

Vanguard Dividend Appreciation ETF Company 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.