Private Capital Management LLC Lowers Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Private Capital Management LLC lessened its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 22,345 shares of the company’s stock after selling 779 shares during the period. Private Capital Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $4,080,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VIG. Evoke Wealth LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 2,347.2% in the fourth quarter. Evoke Wealth LLC now owns 3,039,793 shares of the company’s stock valued at $517,981,000 after purchasing an additional 2,915,578 shares during the period. Raymond James & Associates boosted its position in Vanguard Dividend Appreciation ETF by 58.8% in the 1st quarter. Raymond James & Associates now owns 3,537,699 shares of the company’s stock valued at $646,019,000 after buying an additional 1,309,672 shares during the period. Cetera Investment Advisers grew its stake in shares of Vanguard Dividend Appreciation ETF by 505.7% in the first quarter. Cetera Investment Advisers now owns 813,293 shares of the company’s stock worth $148,515,000 after acquiring an additional 679,010 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 15.9% in the first quarter. HB Wealth Management LLC now owns 4,459,230 shares of the company’s stock worth $814,295,000 after acquiring an additional 612,202 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Vanguard Dividend Appreciation ETF by 5.7% during the first quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock worth $1,576,895,000 after acquiring an additional 466,457 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock traded up $0.37 during trading hours on Friday, reaching $191.01. 610,762 shares of the stock were exchanged, compared to its average volume of 879,588. Vanguard Dividend Appreciation ETF has a 12-month low of $149.67 and a 12-month high of $191.14. The business’s fifty day moving average is $185.62 and its two-hundred day moving average is $180.97. The firm has a market capitalization of $82.58 billion, a P/E ratio of 24.54 and a beta of 0.78.

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.