Private Management Group Inc. Trims Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Private Management Group Inc. trimmed its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,554 shares of the company’s stock after selling 167 shares during the period. Private Management Group Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $606,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VIG. Morgan Stanley increased its stake in shares of Vanguard Dividend Appreciation ETF by 1.7% during the 3rd quarter. Morgan Stanley now owns 11,325,386 shares of the company’s stock valued at $1,759,739,000 after acquiring an additional 190,258 shares during the last quarter. Vanguard Group Inc. increased its position in Vanguard Dividend Appreciation ETF by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 7,866,159 shares of the company’s stock worth $1,222,244,000 after purchasing an additional 171,161 shares in the last quarter. LPL Financial LLC increased its position in Vanguard Dividend Appreciation ETF by 2.7% during the 3rd quarter. LPL Financial LLC now owns 5,199,393 shares of the company’s stock worth $807,882,000 after purchasing an additional 134,815 shares in the last quarter. HB Wealth Management LLC increased its position in Vanguard Dividend Appreciation ETF by 7.1% during the 4th quarter. HB Wealth Management LLC now owns 3,847,028 shares of the company’s stock worth $655,534,000 after purchasing an additional 254,175 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in Vanguard Dividend Appreciation ETF by 2.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,654,744 shares of the company’s stock worth $412,494,000 after purchasing an additional 62,212 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

VIG traded up $0.32 on Wednesday, reaching $176.91. 549,098 shares of the company’s stock were exchanged, compared to its average volume of 1,023,755. The company’s 50 day moving average is $178.42 and its 200-day moving average is $169.89. The company has a market cap of $76.48 billion, a price-to-earnings ratio of 24.56 and a beta of 0.80. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $183.52.

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.