Vanguard Dividend Appreciation ETF $VIG Shares Sold by Fortis Group Advisors LLC

Fortis Group Advisors LLC lessened its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 37.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 5,693 shares of the company’s stock after selling 3,343 shares during the period. Fortis Group Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,273,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF in the fourth quarter worth $31,000. Investment Research & Advisory Group Inc. acquired a new position in Vanguard Dividend Appreciation ETF in the fourth quarter worth $31,000. Garner Asset Management Corp acquired a new position in Vanguard Dividend Appreciation ETF in the fourth quarter worth $35,000. Clear Investment Research LLC acquired a new position in Vanguard Dividend Appreciation ETF in the third quarter worth $38,000. Finally, Washington Trust Advisors Inc. boosted its holdings in Vanguard Dividend Appreciation ETF by 46.9% in the third quarter. Washington Trust Advisors Inc. now owns 188 shares of the company’s stock worth $40,000 after purchasing an additional 60 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

Vanguard Dividend Appreciation ETF stock opened at $230.70 on Thursday. The company has a market cap of $106.47 billion, a PE ratio of 23.32 and a beta of 0.82. The company has a fifty day moving average price of $222.41 and a two-hundred day moving average price of $222.44. Vanguard Dividend Appreciation ETF has a 12 month low of $193.01 and a 12 month high of $231.32.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.