Franklin Resources Inc. Sells 6,206 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Franklin Resources Inc. reduced its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 446,703 shares of the company’s stock after selling 6,206 shares during the quarter. Franklin Resources Inc. owned about 0.10% of Vanguard Dividend Appreciation ETF worth $87,478,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Riggs Capital Management LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at $205,000. Rodgers Brothers Inc. bought a new position in Vanguard Dividend Appreciation ETF during the 4th quarter worth about $233,000. Hazlett Burt & Watson Inc. increased its position in Vanguard Dividend Appreciation ETF by 1.8% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 12,414 shares of the company’s stock valued at $2,431,000 after purchasing an additional 224 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 16.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 27,686 shares of the company’s stock valued at $5,422,000 after purchasing an additional 3,829 shares in the last quarter. Finally, Joseph Group Capital Management lifted its position in shares of Vanguard Dividend Appreciation ETF by 1.7% in the 4th quarter. Joseph Group Capital Management now owns 10,681 shares of the company’s stock worth $2,092,000 after purchasing an additional 175 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 0.6 %

Shares of VIG stock opened at $194.80 on Thursday. The firm has a market cap of $86.84 billion, a price-to-earnings ratio of 23.79 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 52-week low of $173.17 and a 52-week high of $205.24. The company’s 50 day moving average is $199.33 and its 200 day moving average is $199.07.

Vanguard Dividend Appreciation ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $0.9377 dividend. The ex-dividend date was Thursday, March 27th. This is an increase from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.