Cornerstone Management Inc. Trims Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cornerstone Management Inc. reduced its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,781 shares of the company’s stock after selling 72 shares during the quarter. Vanguard Dividend Appreciation ETF comprises about 0.4% of Cornerstone Management Inc.’s portfolio, making the stock its 25th biggest position. Cornerstone Management Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $1,915,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Peterson Financial Group Inc. purchased a new stake in Vanguard Dividend Appreciation ETF in the third quarter valued at approximately $29,000. Bank of New Hampshire boosted its stake in shares of Vanguard Dividend Appreciation ETF by 244.4% in the fourth quarter. Bank of New Hampshire now owns 217 shares of the company’s stock worth $42,000 after acquiring an additional 154 shares during the last quarter. Bangor Savings Bank increased its position in shares of Vanguard Dividend Appreciation ETF by 41.0% during the fourth quarter. Bangor Savings Bank now owns 220 shares of the company’s stock worth $43,000 after purchasing an additional 64 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new position in Vanguard Dividend Appreciation ETF in the 4th quarter valued at $48,000. Finally, Morton Brown Family Wealth LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 661.8% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 259 shares of the company’s stock valued at $51,000 after purchasing an additional 225 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $201.67 on Tuesday. Vanguard Dividend Appreciation ETF has a one year low of $172.54 and a one year high of $205.20. The stock has a market cap of $87.19 billion, a PE ratio of 24.54 and a beta of 0.78. The stock has a 50 day moving average price of $199.69 and a 200 day moving average price of $196.46.

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.