Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Position Cut by Convergence Financial LLC

Convergence Financial LLC trimmed its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 6.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,880 shares of the company’s stock after selling 184 shares during the quarter. Convergence Financial LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $564,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. M3 Advisory Group LLC lifted its stake in Vanguard Dividend Appreciation ETF by 4.3% in the fourth quarter. M3 Advisory Group LLC now owns 57,198 shares of the company’s stock valued at $11,201,000 after buying an additional 2,375 shares during the last quarter. FSC Wealth Advisors LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 15.3% during the fourth quarter. FSC Wealth Advisors LLC now owns 34,951 shares of the company’s stock valued at $6,845,000 after purchasing an additional 4,626 shares in the last quarter. Independent Family Office LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 7.7% during the third quarter. Independent Family Office LLC now owns 30,142 shares of the company’s stock valued at $5,938,000 after purchasing an additional 2,164 shares in the last quarter. Barrett & Company Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 7.9% during the fourth quarter. Barrett & Company Inc. now owns 15,308 shares of the company’s stock valued at $2,998,000 after purchasing an additional 1,120 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 9.9% during the third quarter. Barclays PLC now owns 7,860 shares of the company’s stock valued at $1,557,000 after purchasing an additional 710 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 0.3 %

Shares of NYSEARCA VIG opened at $201.58 on Thursday. Vanguard Dividend Appreciation ETF has a fifty-two week low of $173.17 and a fifty-two week high of $205.24. The firm’s 50-day simple moving average is $199.93 and its 200 day simple moving average is $198.48. The stock has a market cap of $89.33 billion, a P/E ratio of 25.31 and a beta of 0.86.

Vanguard Dividend Appreciation ETF Company 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.