Mechanics Bank Trust Department Lowers Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Mechanics Bank Trust Department trimmed its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 21.8% in the first quarter, HoldingsChannel.com reports. The fund owned 1,557 shares of the company’s stock after selling 435 shares during the period. Mechanics Bank Trust Department’s holdings in Vanguard Dividend Appreciation ETF were worth $284,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Oliver Luxxe Assets LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 0.5% during the 4th quarter. Oliver Luxxe Assets LLC now owns 12,945 shares of the company’s stock valued at $2,206,000 after acquiring an additional 58 shares during the period. Reynders McVeigh Capital Management LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 0.5% during the 4th quarter. Reynders McVeigh Capital Management LLC now owns 12,474 shares of the company’s stock valued at $2,126,000 after acquiring an additional 60 shares during the period. BCS Wealth Management boosted its stake in shares of Vanguard Dividend Appreciation ETF by 2.3% in the 4th quarter. BCS Wealth Management now owns 2,763 shares of the company’s stock valued at $471,000 after buying an additional 61 shares during the period. AdvisorNet Financial Inc boosted its stake in shares of Vanguard Dividend Appreciation ETF by 2.5% in the 4th quarter. AdvisorNet Financial Inc now owns 2,526 shares of the company’s stock valued at $430,000 after buying an additional 61 shares during the period. Finally, North Star Asset Management Inc. boosted its stake in shares of Vanguard Dividend Appreciation ETF by 0.6% in the 4th quarter. North Star Asset Management Inc. now owns 10,880 shares of the company’s stock valued at $1,854,000 after buying an additional 62 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG opened at $184.09 on Wednesday. The stock has a 50-day simple moving average of $180.37 and a 200-day simple moving average of $176.87. The stock has a market capitalization of $79.59 billion, a PE ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1 year low of $149.67 and a 1 year high of $186.30.

Vanguard Dividend Appreciation ETF Profile

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.