Farmers & Merchants Investments Inc. Sells 917 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Farmers & Merchants Investments Inc. trimmed its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,752 shares of the company’s stock after selling 917 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $3,868,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the third quarter valued at approximately $29,000. Bank of New Hampshire lifted its stake 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 acquiring an additional 154 shares during the last quarter. Bangor Savings Bank boosted its holdings in Vanguard Dividend Appreciation ETF by 41.0% during the 4th quarter. Bangor Savings Bank now owns 220 shares of the company’s stock valued at $43,000 after acquiring an additional 64 shares during the period. Retirement Wealth Solutions LLC bought a new position in Vanguard Dividend Appreciation ETF in the 4th quarter valued at $48,000. Finally, Morton Brown Family Wealth LLC increased its stake in Vanguard Dividend Appreciation ETF by 661.8% in the third quarter. Morton Brown Family Wealth LLC now owns 259 shares of the company’s stock worth $51,000 after purchasing an additional 225 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

VIG stock opened at $201.83 on Friday. Vanguard Dividend Appreciation ETF has a 12 month low of $172.54 and a 12 month high of $205.20. The firm’s 50-day moving average is $199.54 and its 200 day moving average is $196.85. The company has a market capitalization of $87.26 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.