Principle Wealth Partners LLC Reduces Stock Holdings in Vanguard Dividend Appreciation ETF $VIG

Principle Wealth Partners LLC lessened its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 231,695 shares of the company’s stock after selling 12,538 shares during the period. Vanguard Dividend Appreciation ETF accounts for approximately 2.9% of Principle Wealth Partners LLC’s holdings, making the stock its 8th biggest position. Principle Wealth Partners LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $50,922,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Investment Research & Advisory Group Inc. bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at $31,000. Eagle Bay Advisors LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at $31,000. Garner Asset Management Corp bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at $35,000. Clear Investment Research LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter valued at $38,000. Finally, Washington Trust Advisors Inc. boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 46.9% during the 3rd quarter. Washington Trust Advisors Inc. now owns 188 shares of the company’s stock valued at $40,000 after buying an additional 60 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.9%

Shares of VIG stock opened at $233.10 on Friday. Vanguard Dividend Appreciation ETF has a 12 month low of $193.01 and a 12 month high of $233.50. The stock has a market cap of $107.57 billion, a PE ratio of 23.32 and a beta of 0.82. The company’s fifty day moving average price is $222.84 and its 200-day moving average price is $222.62.

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.