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

Montecito Bank & Trust reduced its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,920 shares of the company’s stock after selling 1,037 shares during the quarter. Montecito Bank & Trust’s holdings in Vanguard Dividend Appreciation ETF were worth $3,509,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Secure Asset Management LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 2.8% in the fourth quarter. Secure Asset Management LLC now owns 18,904 shares of the company’s stock worth $3,702,000 after buying an additional 512 shares during the period. Baron Silver Stevens Financial Advisors LLC increased its holdings in Vanguard Dividend Appreciation ETF by 3.0% in the 4th quarter. Baron Silver Stevens Financial Advisors LLC now owns 168,615 shares of the company’s stock worth $33,020,000 after acquiring an additional 4,980 shares in the last quarter. Avior Wealth Management LLC raised its stake in Vanguard Dividend Appreciation ETF by 1.1% during the 4th quarter. Avior Wealth Management LLC now owns 8,015 shares of the company’s stock worth $1,570,000 after acquiring an additional 88 shares during the period. Beacon Investment Advisory Services Inc. boosted its position in shares of Vanguard Dividend Appreciation ETF by 4.3% in the fourth quarter. Beacon Investment Advisory Services Inc. now owns 87,346 shares of the company’s stock worth $17,105,000 after purchasing an additional 3,619 shares during the period. Finally, Adirondack Trust Co. increased its stake in shares of Vanguard Dividend Appreciation ETF by 15.2% in the fourth quarter. Adirondack Trust Co. now owns 1,500 shares of the company’s stock worth $294,000 after purchasing an additional 198 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock opened at $202.41 on Friday. The company has a market capitalization of $87.51 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The company’s fifty day moving average price is $199.39 and its 200-day moving average price is $195.65. Vanguard Dividend Appreciation ETF has a one year low of $172.30 and a one year high of $205.20.

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.