Vanguard Dividend Appreciation ETF $VIG Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 7.0% in the first quarter, Holdings Channel reports. The firm owned 46,029 shares of the company’s stock after selling 3,448 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $9,928,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of VIG. Carrera Capital Advisors acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $573,000. MOR Wealth Management LLC acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $1,609,000. Elevatus Welath Management purchased a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $522,000. Amara Financial LLC. raised its holdings in Vanguard Dividend Appreciation ETF by 8.7% in the 4th quarter. Amara Financial LLC. now owns 97,959 shares of the company’s stock valued at $21,529,000 after acquiring an additional 7,858 shares during the last quarter. Finally, GEN Financial Management INC. raised its holdings in Vanguard Dividend Appreciation ETF by 25.9% in the 4th quarter. GEN Financial Management INC. now owns 113,422 shares of the company’s stock valued at $24,928,000 after acquiring an additional 23,342 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $238.65 on Friday. The stock has a market cap of $111.06 billion, a P/E ratio of 23.32 and a beta of 0.82. The stock’s 50 day simple moving average is $235.50 and its 200-day simple moving average is $227.83. Vanguard Dividend Appreciation ETF has a 1-year low of $203.17 and a 1-year high of $240.08.

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