FRG Family Wealth Advisors LLC Sells 2,857 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

FRG Family Wealth Advisors LLC decreased its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 73,666 shares of the company’s stock after selling 2,857 shares during the period. Vanguard Dividend Appreciation ETF makes up about 2.6% of FRG Family Wealth Advisors LLC’s portfolio, making the stock its 9th biggest holding. FRG Family Wealth Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $14,426,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in VIG. Curio Wealth LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter worth $26,000. Parkworth Wealth Management Inc. acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $28,000. Providence First Trust Co bought a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth about $33,000. Comprehensive Financial Planning Inc. PA bought a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $38,000. Finally, Synergy Investment Management LLC bought a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $39,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA:VIG opened at $183.71 on Thursday. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $205.24. The company has a market cap of $81.90 billion, a PE ratio of 23.79 and a beta of 0.86. The firm has a 50 day simple moving average of $196.26 and a 200 day simple moving average of $198.23.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.9377 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase 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.