CGN Advisors LLC Decreases Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

CGN Advisors LLC lessened its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 16.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,623 shares of the company’s stock after selling 2,661 shares during the quarter. CGN Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $2,668,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VIG. Sanctuary Advisors LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the second quarter worth about $73,967,000. LPL Financial LLC lifted its position in Vanguard Dividend Appreciation ETF by 5.7% during 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 during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 28.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock valued at $237,643,000 after buying an additional 264,483 shares during the period. Mesirow Financial Investment Management Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 108.2% during the third quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock valued at $68,381,000 after purchasing an additional 179,441 shares during the period. Finally, Raymond James & Associates lifted its holdings in Vanguard Dividend Appreciation ETF by 5.1% in the 3rd 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 Performance

NYSEARCA:VIG opened at $199.15 on Friday. Vanguard Dividend Appreciation ETF has a one year low of $169.06 and a one year high of $205.20. The business’s 50-day simple moving average is $199.56 and its 200 day simple moving average is $195.10. The stock has a market cap of $86.10 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.