Weik Capital Management Sells 210 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Weik Capital Management decreased its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 6,655 shares of the company’s stock after selling 210 shares during the quarter. Weik Capital Management’s holdings in Vanguard Dividend Appreciation ETF were worth $1,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. LM Advisors LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 10.0% during the fourth quarter. LM Advisors LLC now owns 93,633 shares of the company’s stock worth $18,336,000 after purchasing an additional 8,516 shares during the period. AssuredPartners Investment Advisors LLC acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $558,000. JPMorgan Chase & Co. increased its stake in Vanguard Dividend Appreciation ETF by 12.5% during the 4th quarter. JPMorgan Chase & Co. now owns 3,706,186 shares of the company’s stock worth $725,783,000 after acquiring an additional 410,597 shares during the period. Worth Financial Advisory Group LLC raised its holdings in Vanguard Dividend Appreciation ETF by 7.7% in the 4th quarter. Worth Financial Advisory Group LLC now owns 3,247 shares of the company’s stock valued at $636,000 after acquiring an additional 231 shares in the last quarter. Finally, Heritage Wealth Advisors lifted its position in shares of Vanguard Dividend Appreciation ETF by 0.3% during the 4th quarter. Heritage Wealth Advisors now owns 48,062 shares of the company’s stock valued at $9,412,000 after acquiring an additional 146 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $194.58 on Friday. Vanguard Dividend Appreciation ETF has a fifty-two week low of $173.17 and a fifty-two week high of $205.24. The stock’s fifty day moving average price is $199.85 and its two-hundred day moving average price is $199.04. The company has a market cap of $86.19 billion, a PE ratio of 24.18 and a beta of 0.85.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.9377 per share. This is an increase from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90. The ex-dividend date is Thursday, March 27th.

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.