NewEdge Advisors LLC Lowers Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

NewEdge Advisors LLC lowered its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 6.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 319,956 shares of the company’s stock after selling 22,599 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $62,657,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VIG. Wealthfront Advisers LLC increased its position in Vanguard Dividend Appreciation ETF by 284.3% during the 4th quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock valued at $5,134,878,000 after purchasing an additional 19,397,896 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 21,353.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after purchasing an additional 11,312,895 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $1,024,119,000. Proficio Capital Partners LLC increased its holdings in Vanguard Dividend Appreciation ETF by 20,620.9% during the fourth quarter. Proficio Capital Partners LLC now owns 2,547,430 shares of the company’s stock valued at $498,863,000 after buying an additional 2,535,136 shares during the period. Finally, Prudential Financial Inc. raised its stake in Vanguard Dividend Appreciation ETF by 7,822.0% in the fourth quarter. Prudential Financial Inc. now owns 1,604,684 shares of the company’s stock worth $314,245,000 after buying an additional 1,584,428 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.4 %

Shares of NYSEARCA VIG opened at $186.02 on Wednesday. The stock has a market capitalization of $82.93 billion, a PE ratio of 23.79 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 12-month low of $169.32 and a 12-month high of $205.24. The stock’s fifty day simple moving average is $194.82 and its two-hundred day simple moving average is $197.87.

Vanguard Dividend Appreciation ETF Increases Dividend

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

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.