Trek Financial LLC Reduces Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Trek Financial LLC cut its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 7.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,049 shares of the company’s stock after selling 4,827 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 0.8% of Trek Financial LLC’s investment portfolio, making the stock its 26th biggest position. Trek Financial LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $11,368,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VIG. Wealthfront Advisers LLC increased its position in Vanguard Dividend Appreciation ETF by 284.3% during the fourth quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock worth $5,134,878,000 after purchasing an additional 19,397,896 shares during the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 21,353.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after buying an additional 11,312,895 shares during the period. Wells Fargo & Company MN lifted its position in shares of Vanguard Dividend Appreciation ETF by 8.6% during the fourth quarter. Wells Fargo & Company MN now owns 10,520,396 shares of the company’s stock worth $2,060,209,000 after purchasing an additional 832,983 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Vanguard Dividend Appreciation ETF by 3.2% during the 4th quarter. Vanguard Group Inc. now owns 9,709,264 shares of the company’s stock worth $1,901,365,000 after buying an additional 301,772 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 3.6% in the fourth quarter. LPL Financial LLC now owns 6,016,294 shares of the company’s stock valued at $1,178,171,000 after acquiring an additional 207,484 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $177.07 on Friday. Vanguard Dividend Appreciation ETF has a one year low of $173.17 and a one year high of $205.24. The company has a market cap of $78.94 billion, a PE ratio of 23.79 and a beta of 0.86. The business has a 50-day simple moving average of $198.53 and a 200-day simple moving average of $198.87.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.9377 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.