Westmount Partners LLC Decreases Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Westmount Partners LLC trimmed its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 4,505 shares of the company’s stock after selling 264 shares during the period. Westmount Partners LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $882,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the second quarter worth $73,967,000. LPL Financial LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 5.7% in the third quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after buying an additional 314,952 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 28.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock worth $237,643,000 after buying an additional 264,483 shares in the last quarter. Mesirow Financial Investment Management Inc. raised its position in shares of Vanguard Dividend Appreciation ETF by 108.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock worth $68,381,000 after buying an additional 179,441 shares in the last quarter. Finally, Raymond James & Associates raised its position in shares of Vanguard Dividend Appreciation ETF by 5.1% in the third quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock worth $732,612,000 after buying an additional 178,450 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.6 %

Shares of VIG stock traded up $1.16 on Monday, reaching $194.00. The company’s stock had a trading volume of 1,475,681 shares, compared to its average volume of 1,214,797. Vanguard Dividend Appreciation ETF has a 12-month low of $168.65 and a 12-month high of $205.20. The company has a market capitalization of $83.87 billion, a P/E ratio of 24.54 and a beta of 0.78. The stock’s 50 day simple moving average is $199.76 and its 200-day simple moving average is $194.90.

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.