Trevian Wealth Management LLC Invests $1.50 Million in Vanguard Dividend Appreciation ETF $VIG

Trevian Wealth Management LLC bought a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 6,822 shares of the company’s stock, valued at approximately $1,499,000. Vanguard Dividend Appreciation ETF accounts for about 0.7% of Trevian Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position.

A number of other institutional investors also recently modified their holdings of VIG. M&T Bank Corp raised its position in shares of Vanguard Dividend Appreciation ETF by 659.0% during the fourth quarter. M&T Bank Corp now owns 1,212,203 shares of the company’s stock worth $266,418,000 after purchasing an additional 1,052,498 shares during the period. Corient Private Wealth LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 102.8% during the second quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock worth $358,334,000 after purchasing an additional 887,305 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the third quarter worth approximately $134,718,000. Wealthfront Advisers LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 5.5% during the third quarter. Wealthfront Advisers LLC now owns 9,592,106 shares of the company’s stock worth $2,069,881,000 after purchasing an additional 502,464 shares during the period. Finally, Orion Porfolio Solutions LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 2,949.7% during the second quarter. Orion Porfolio Solutions LLC now owns 392,738 shares of the company’s stock worth $80,382,000 after purchasing an additional 379,860 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 1.0%

Shares of NYSEARCA:VIG opened at $230.87 on Friday. Vanguard Dividend Appreciation ETF has a twelve month low of $193.01 and a twelve month high of $231.32. The stock’s 50 day moving average is $221.87 and its 200-day moving average is $222.13. The firm has a market capitalization of $106.54 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.