Hidden Cove Wealth Management LLC Makes New $219,000 Investment in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Hidden Cove Wealth Management LLC bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the fourth quarter, HoldingsChannel reports. The firm bought 1,117 shares of the company’s stock, valued at approximately $219,000.

Several other hedge funds have also modified their holdings of VIG. Peterson Financial Group Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the third quarter worth $29,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth $38,000. Bank of New Hampshire boosted its position in shares of Vanguard Dividend Appreciation ETF by 244.4% during the 4th quarter. Bank of New Hampshire now owns 217 shares of the company’s stock worth $42,000 after purchasing an additional 154 shares in the last quarter. Bangor Savings Bank grew its stake in shares of Vanguard Dividend Appreciation ETF by 41.0% during the 4th quarter. Bangor Savings Bank now owns 220 shares of the company’s stock worth $43,000 after purchasing an additional 64 shares during the period. Finally, Retirement Wealth Solutions LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $48,000.

Vanguard Dividend Appreciation ETF Stock Down 0.5 %

Shares of NYSEARCA VIG opened at $203.27 on Thursday. The firm has a 50-day moving average price of $199.52 and a 200 day moving average price of $197.22. Vanguard Dividend Appreciation ETF has a 52 week low of $172.54 and a 52 week high of $205.20. The stock has a market capitalization of $87.88 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.