Northwestern Mutual Wealth Management Co. Lowers Position in Vanguard Dividend Appreciation ETF $VIG

Northwestern Mutual Wealth Management Co. lessened its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,576,329 shares of the company’s stock after selling 46,518 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.34% of Vanguard Dividend Appreciation ETF worth $346,446,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of VIG. M&T Bank Corp lifted its stake in Vanguard Dividend Appreciation ETF by 659.0% in the 4th quarter. M&T Bank Corp now owns 1,212,203 shares of the company’s stock worth $266,418,000 after purchasing an additional 1,052,498 shares in the last quarter. Corient Private Wealth LLC lifted its stake in Vanguard Dividend Appreciation ETF by 102.8% in the 2nd quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock worth $358,334,000 after purchasing an additional 887,305 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in Vanguard Dividend Appreciation ETF in the 3rd quarter worth $134,718,000. Wealthfront Advisers LLC lifted its stake in Vanguard Dividend Appreciation ETF by 5.5% in the 3rd quarter. Wealthfront Advisers LLC now owns 9,592,106 shares of the company’s stock worth $2,069,881,000 after purchasing an additional 502,464 shares in the last quarter. Finally, Orion Porfolio Solutions LLC lifted its stake in Vanguard Dividend Appreciation ETF by 2,949.7% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 392,738 shares of the company’s stock worth $80,382,000 after purchasing an additional 379,860 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.4%

Shares of VIG stock opened at $233.88 on Friday. The stock has a market cap of $107.93 billion, a P/E ratio of 23.32 and a beta of 0.82. Vanguard Dividend Appreciation ETF has a 52 week low of $195.95 and a 52 week high of $234.24. The company’s fifty day simple moving average is $224.03 and its two-hundred day simple moving average is $223.16.

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