Pekin Hardy Strauss Inc. Has $1.99 Million Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Pekin Hardy Strauss Inc. lessened its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.6% during the 4th quarter, Holdings Channel reports. The firm owned 11,652 shares of the company’s stock after selling 436 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $1,986,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VIG. Morgan Stanley boosted its stake in Vanguard Dividend Appreciation ETF by 1.7% in the third quarter. Morgan Stanley now owns 11,325,386 shares of the company’s stock worth $1,759,739,000 after purchasing an additional 190,258 shares in the last quarter. Vanguard Group Inc. increased its position in Vanguard Dividend Appreciation ETF by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 7,866,159 shares of the company’s stock valued at $1,222,244,000 after acquiring an additional 171,161 shares in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 2.7% in the third quarter. LPL Financial LLC now owns 5,199,393 shares of the company’s stock worth $807,882,000 after acquiring an additional 134,815 shares during the last quarter. HB Wealth Management LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 7.1% during the fourth 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, Ameriprise Financial Inc. grew its stake in shares of Vanguard Dividend Appreciation ETF by 6.2% during the third quarter. Ameriprise Financial Inc. now owns 2,489,879 shares of the company’s stock valued at $386,859,000 after purchasing an additional 144,633 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 1.2 %

VIG stock traded down $2.13 during trading on Tuesday, hitting $175.07. The company had a trading volume of 582,089 shares, compared to its average volume of 1,006,987. The firm has a 50-day moving average price of $178.54 and a 200-day moving average price of $170.47. Vanguard Dividend Appreciation ETF has a 12 month low of $149.67 and a 12 month high of $183.52. The stock has a market cap of $75.69 billion, a price-to-earnings ratio of 24.56 and a beta of 0.80.

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.