Salem Investment Counselors Inc. Buys 351 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Salem Investment Counselors Inc. increased its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 24,101 shares of the company’s stock after purchasing an additional 351 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $4,720,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the third quarter valued at about $29,000. Providence Capital Advisors LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the second quarter valued at about $33,000. Bank of New Hampshire grew its position in shares of Vanguard Dividend Appreciation ETF by 244.4% during the fourth quarter. Bank of New Hampshire now owns 217 shares of the company’s stock valued at $42,000 after purchasing an additional 154 shares in the last quarter. Bangor Savings Bank grew its position in Vanguard Dividend Appreciation ETF by 41.0% in the fourth quarter. Bangor Savings Bank now owns 220 shares of the company’s stock worth $43,000 after acquiring an additional 64 shares in the last quarter. Finally, Morton Brown Family Wealth LLC increased its stake in Vanguard Dividend Appreciation ETF by 661.8% during the third quarter. Morton Brown Family Wealth LLC now owns 259 shares of the company’s stock worth $51,000 after acquiring an additional 225 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.5 %

NYSEARCA VIG traded up $1.05 during trading hours on Monday, hitting $193.89. 1,468,377 shares of the company were exchanged, compared to its average volume of 1,214,797. The stock has a 50-day moving average price of $199.76 and a 200 day moving average price of $194.90. Vanguard Dividend Appreciation ETF has a 52 week low of $168.65 and a 52 week high of $205.20. The stock has a market cap of $83.82 billion, a PE 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.