Orion Portfolio Solutions LLC Has $3.21 Million Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Orion Portfolio Solutions LLC cut its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 72.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,401 shares of the company’s stock after selling 43,022 shares during the period. Orion Portfolio Solutions LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,212,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in VIG. Assetmark Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 121.5% in the fourth quarter. Assetmark Inc. now owns 6,113 shares of the company’s stock worth $1,197,000 after acquiring an additional 3,353 shares during the last quarter. M3 Advisory Group LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 4.3% during the 4th quarter. M3 Advisory Group LLC now owns 57,198 shares of the company’s stock worth $11,201,000 after purchasing an additional 2,375 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $1,024,119,000. FSC Wealth Advisors LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 15.3% in the 4th quarter. FSC Wealth Advisors LLC now owns 34,951 shares of the company’s stock valued at $6,845,000 after buying an additional 4,626 shares in the last quarter. Finally, Independent Family Office LLC increased its holdings in Vanguard Dividend Appreciation ETF by 7.7% in the third quarter. Independent Family Office LLC now owns 30,142 shares of the company’s stock worth $5,938,000 after buying an additional 2,164 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG opened at $193.99 on Tuesday. The firm has a market cap of $85.93 billion, a PE ratio of 24.18 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a twelve month low of $173.17 and a twelve month high of $205.24. The firm’s 50 day moving average price is $199.60 and its 200 day moving average price is $199.11.

Vanguard Dividend Appreciation ETF Increases Dividend

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

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.