Mascoma Wealth Management LLC Buys 44,071 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Mascoma Wealth Management LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 423.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 54,467 shares of the company’s stock after buying an additional 44,071 shares during the quarter. Vanguard Dividend Appreciation ETF comprises about 2.7% of Mascoma Wealth Management LLC’s investment portfolio, making the stock its 11th biggest position. Mascoma Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $10,788,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of VIG. Apollon Financial LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 21.5% during the third quarter. Apollon Financial LLC now owns 48,085 shares of the company’s stock worth $9,524,000 after acquiring an additional 8,501 shares during the period. WealthPlan Investment Management LLC bought a new stake in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at $845,000. Lynx Investment Advisory grew its holdings in Vanguard Dividend Appreciation ETF by 157.4% in the 3rd quarter. Lynx Investment Advisory now owns 1,714 shares of the company’s stock valued at $339,000 after buying an additional 1,048 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 8.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 19,493 shares of the company’s stock worth $3,861,000 after buying an additional 1,518 shares in the last quarter. Finally, tru Independence LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 26.6% in the third quarter. tru Independence LLC now owns 1,831 shares of the company’s stock valued at $363,000 after acquiring an additional 385 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $202.80 on Tuesday. Vanguard Dividend Appreciation ETF has a 52 week low of $158.46 and a 52 week high of $203.80. The firm’s 50-day simple moving average is $197.33 and its 200 day simple moving average is $189.18. The firm has a market cap of $87.67 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.