Wells Financial Advisors INC Sells 298 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Wells Financial Advisors INC lowered its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 5,002 shares of the company’s stock after selling 298 shares during the period. Vanguard Dividend Appreciation ETF makes up about 1.3% of Wells Financial Advisors INC’s holdings, making the stock its 22nd biggest holding. Wells Financial Advisors INC’s holdings in Vanguard Dividend Appreciation ETF were worth $980,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Wealthfront Advisers LLC lifted its holdings 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 worth $5,134,878,000 after buying an additional 19,397,896 shares during the period. Strategic Financial Concepts LLC raised its position 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 worth $2,225,779,000 after acquiring an additional 11,312,895 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Vanguard Dividend Appreciation ETF by 3.2% during the fourth quarter. Vanguard Group Inc. now owns 9,709,264 shares of the company’s stock worth $1,901,365,000 after acquiring an additional 301,772 shares during the last quarter. LPL Financial LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 3.6% in the fourth quarter. LPL Financial LLC now owns 6,016,294 shares of the company’s stock valued at $1,178,171,000 after acquiring an additional 207,484 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter valued at approximately $1,024,119,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA VIG opened at $195.98 on Wednesday. The company’s 50 day moving average price is $199.95 and its 200-day moving average price is $199.09. Vanguard Dividend Appreciation ETF has a 52-week low of $173.17 and a 52-week high of $205.24. The company has a market capitalization of $86.81 billion, a P/E ratio of 24.18 and a beta of 0.85.

About Vanguard Dividend Appreciation ETF

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.