Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Position Trimmed by McNamara Financial Services Inc.

McNamara Financial Services Inc. cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,439 shares of the company’s stock after selling 1,297 shares during the quarter. Vanguard Dividend Appreciation ETF makes up approximately 1.7% of McNamara Financial Services Inc.’s portfolio, making the stock its 10th largest holding. McNamara Financial Services Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $7,332,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. LPL Financial LLC lifted its stake in Vanguard Dividend Appreciation ETF by 5.7% in the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock valued at $1,150,493,000 after buying an additional 314,952 shares in the last quarter. HB Wealth Management LLC lifted its stake in Vanguard Dividend Appreciation ETF by 1.7% in the 4th quarter. HB Wealth Management LLC now owns 4,868,929 shares of the company’s stock valued at $942,870,000 after buying an additional 82,030 shares in the last quarter. Raymond James & Associates lifted its stake in Vanguard Dividend Appreciation ETF by 5.1% in the 3rd quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock valued at $732,612,000 after buying an additional 178,450 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Vanguard Dividend Appreciation ETF by 3.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,295,589 shares of the company’s stock valued at $652,725,000 after acquiring an additional 123,584 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in Vanguard Dividend Appreciation ETF by 1.8% in the 3rd quarter. HighTower Advisors LLC now owns 2,211,138 shares of the company’s stock valued at $438,024,000 after acquiring an additional 39,560 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.3 %

VIG stock opened at $202.22 on Monday. The company has a market cap of $87.42 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 12 month low of $172.34 and a 12 month high of $205.20. The firm has a 50-day moving average of $199.69 and a two-hundred day moving average of $196.46.

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.