Archer Investment Corp Has $3.61 Million Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Archer Investment Corp reduced its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 54.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 21,201 shares of the company’s stock after selling 25,538 shares during the quarter. Vanguard Dividend Appreciation ETF makes up 1.2% of Archer Investment Corp’s investment portfolio, making the stock its 16th largest holding. Archer Investment Corp’s holdings in Vanguard Dividend Appreciation ETF were worth $3,613,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Claro Advisors LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 4.5% during the fourth quarter. Claro Advisors LLC now owns 2,241 shares of the company’s stock worth $382,000 after buying an additional 97 shares during the last quarter. AIMZ Investment Advisors LLC boosted its stake in Vanguard Dividend Appreciation ETF by 1.4% in the fourth quarter. AIMZ Investment Advisors LLC now owns 8,831 shares of the company’s stock worth $1,505,000 after purchasing an additional 122 shares in the last quarter. Baker Tilly Wealth Management LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at $311,000. Tempus Wealth Planning LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 0.3% during the third quarter. Tempus Wealth Planning LLC now owns 27,066 shares of the company’s stock valued at $4,206,000 after acquiring an additional 86 shares during the period. Finally, Burns J W & Co. Inc. NY lifted its stake in shares of Vanguard Dividend Appreciation ETF by 5.5% during the fourth quarter. Burns J W & Co. Inc. NY now owns 68,896 shares of the company’s stock valued at $11,740,000 after acquiring an additional 3,603 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG traded down $0.24 during mid-day trading on Wednesday, hitting $173.74. The company had a trading volume of 572,544 shares, compared to its average volume of 1,031,300. Vanguard Dividend Appreciation ETF has a fifty-two week low of $149.67 and a fifty-two week high of $183.52. The business’s fifty day moving average is $178.47 and its two-hundred day moving average is $169.17. The firm has a market cap of $75.11 billion, a P/E ratio of 24.56 and a beta of 0.80.

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.