Eldridge Investment Advisors Inc. Buys Shares of 11,665 Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Eldridge Investment Advisors Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,665 shares of the company’s stock, valued at approximately $1,988,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Pinnacle Associates Ltd. raised its stake in shares of Vanguard Dividend Appreciation ETF by 1.1% during the 3rd quarter. Pinnacle Associates Ltd. now owns 26,240 shares of the company’s stock worth $4,077,000 after acquiring an additional 293 shares in the last quarter. Legacy Financial Group LLC purchased a new position in Vanguard Dividend Appreciation ETF during the 3rd quarter worth $132,000. Eudaimonia Advisors LLC increased its position in Vanguard Dividend Appreciation ETF by 5.5% during the 3rd quarter. Eudaimonia Advisors LLC now owns 10,297 shares of the company’s stock valued at $1,600,000 after buying an additional 536 shares in the last quarter. Acas LLC raised its stake in Vanguard Dividend Appreciation ETF by 2.1% in the third quarter. Acas LLC now owns 10,479 shares of the company’s stock valued at $1,628,000 after buying an additional 211 shares during the last quarter. Finally, Coho Partners Ltd. acquired a new stake in Vanguard Dividend Appreciation ETF in the third quarter worth about $737,000.

Vanguard Dividend Appreciation ETF Stock Up 0.5 %

Shares of VIG traded up $0.84 during mid-day trading on Thursday, hitting $175.18. 465,684 shares of the company traded hands, compared to its average volume of 996,899. The company has a market capitalization of $75.73 billion, a PE ratio of 24.54 and a beta of 0.78. The business has a 50 day moving average of $178.50 and a 200 day moving average of $170.63. Vanguard Dividend Appreciation ETF has a 1-year low of $149.67 and a 1-year high of $183.52.

About Vanguard Dividend Appreciation ETF

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.