Pointe Capital Management LLC Acquires 1,435 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Pointe Capital Management LLC lifted its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 98.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,891 shares of the company’s stock after purchasing an additional 1,435 shares during the period. Pointe Capital Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $566,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Peterson Financial Group Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF during the third quarter worth $29,000. Comprehensive Financial Planning Inc. PA acquired a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter valued at approximately $38,000. Bank of New Hampshire grew 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 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 valued at $43,000 after purchasing an additional 64 shares in the last quarter. Finally, Creative Capital Management Investments LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $45,000.

Vanguard Dividend Appreciation ETF Trading Up 0.3 %

Shares of VIG opened at $202.14 on Wednesday. The company has a market cap of $89.58 billion, a price-to-earnings ratio of 25.31 and a beta of 0.86. The company’s fifty day simple moving average is $199.82 and its 200 day simple moving average is $198.46. Vanguard Dividend Appreciation ETF has a 1-year low of $173.17 and a 1-year high of $205.24.

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.