Commonwealth Financial Services LLC Cuts Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Commonwealth Financial Services LLC cut its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 8.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,202 shares of the company’s stock after selling 108 shares during the quarter. Commonwealth Financial Services LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $235,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VIG. LPL Financial LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 5.7% during the third quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after buying an additional 314,952 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 28.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock valued at $237,643,000 after purchasing an additional 264,483 shares during the last quarter. Mesirow Financial Investment Management Inc. increased its position in shares of Vanguard Dividend Appreciation ETF by 108.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock valued at $68,381,000 after purchasing an additional 179,441 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Vanguard Dividend Appreciation ETF by 5.1% in the 3rd quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock valued at $732,612,000 after purchasing an additional 178,450 shares in the last quarter. Finally, GEN Financial Management INC. purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth $27,926,000.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA:VIG opened at $201.67 on Tuesday. Vanguard Dividend Appreciation ETF has a 12 month low of $172.54 and a 12 month high of $205.20. The firm has a market capitalization of $87.19 billion, a PE ratio of 24.54 and a beta of 0.78. The business’s fifty day moving average price is $199.69 and its 200 day moving average price is $196.46.

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.