Highland Capital Management LLC Sells 468 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Highland Capital Management LLC decreased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 10.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,109 shares of the company’s stock after selling 468 shares during the period. Highland Capital Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $750,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VIG. Family Firm Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at $25,000. Eagle Bay Advisors LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 1st quarter worth about $26,000. 1620 Investment Advisors Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at approximately $26,000. FPC Investment Advisory Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the first quarter valued at approximately $30,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $31,000.

Vanguard Dividend Appreciation ETF Trading Up 0.8 %

Shares of VIG stock traded up $1.58 on Friday, hitting $193.57. The stock had a trading volume of 518,984 shares, compared to its average volume of 872,054. The firm has a market cap of $83.68 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $193.73. The company has a fifty day moving average price of $186.62 and a two-hundred day moving average price of $181.71.

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.