Penobscot Investment Management Company Inc. Has $508,000 Position in Vanguard Dividend Appreciation ETF $VIG

Penobscot Investment Management Company Inc. grew its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 2,480 shares of the company’s stock after purchasing an additional 100 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $508,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VIG. Wealthfront Advisers LLC raised its holdings in Vanguard Dividend Appreciation ETF by 10.8% in the first quarter. Wealthfront Advisers LLC now owns 7,603,273 shares of the company’s stock worth $1,474,959,000 after purchasing an additional 738,441 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the first quarter worth $134,776,000. HB Wealth Management LLC raised its holdings in Vanguard Dividend Appreciation ETF by 9.9% in the first quarter. HB Wealth Management LLC now owns 5,349,243 shares of the company’s stock worth $1,027,305,000 after purchasing an additional 480,314 shares during the period. Vanguard Group Inc. raised its holdings in Vanguard Dividend Appreciation ETF by 4.6% in the first quarter. Vanguard Group Inc. now owns 10,160,433 shares of the company’s stock worth $1,971,022,000 after purchasing an additional 451,169 shares during the period. Finally, Park Avenue Securities LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the second quarter worth $73,541,000.

Vanguard Dividend Appreciation ETF Stock Performance

VIG opened at $217.79 on Friday. The firm’s fifty day moving average is $211.64 and its two-hundred day moving average is $201.54. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $218.92. The firm has a market cap of $98.81 billion, a PE ratio of 23.32 and a beta of 0.85.

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.