Portside Wealth Group LLC Reduces Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Portside Wealth Group LLC lowered its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 15,467 shares of the company’s stock after selling 169 shares during the period. Portside Wealth Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,063,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VIG. Edgestream Partners L.P. bought a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at about $581,000. Benjamin F. Edwards & Company Inc. lifted its position in shares of Vanguard Dividend Appreciation ETF by 23.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 8,667 shares of the company’s stock worth $1,582,000 after buying an additional 1,658 shares in the last quarter. Bridges Investment Management Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the second quarter worth about $916,000. AE Wealth Management LLC boosted its stake in Vanguard Dividend Appreciation ETF by 20.7% during the second quarter. AE Wealth Management LLC now owns 32,214 shares of the company’s stock valued at $5,881,000 after buying an additional 5,534 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC grew its holdings in Vanguard Dividend Appreciation ETF by 1.8% during the 2nd quarter. Garden State Investment Advisory Services LLC now owns 43,108 shares of the company’s stock valued at $7,930,000 after buying an additional 743 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG opened at $199.15 on Friday. The stock has a market capitalization of $86.10 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1 year low of $169.06 and a 1 year high of $205.20. The business’s 50 day simple moving average is $199.49 and its 200-day simple moving average is $195.22.

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.