Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Stock Holdings Lessened by Meridian Wealth Advisors LLC

Meridian Wealth Advisors LLC trimmed its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,860 shares of the company’s stock after selling 64 shares during the quarter. Vanguard Dividend Appreciation ETF makes up approximately 2.0% of Meridian Wealth Advisors LLC’s portfolio, making the stock its 9th biggest holding. Meridian Wealth Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $12,310,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VIG. Wealthfront Advisers LLC raised its stake in Vanguard Dividend Appreciation ETF by 284.3% in the fourth quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock valued at $5,134,878,000 after purchasing an additional 19,397,896 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in Vanguard Dividend Appreciation ETF by 21,353.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after purchasing an additional 11,312,895 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Dividend Appreciation ETF by 3.6% in the fourth quarter. LPL Financial LLC now owns 6,016,294 shares of the company’s stock valued at $1,178,171,000 after purchasing an additional 207,484 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $1,024,119,000. Finally, HB Wealth Management LLC raised its stake in Vanguard Dividend Appreciation ETF by 1.7% in the fourth quarter. HB Wealth Management LLC now owns 4,868,929 shares of the company’s stock valued at $942,870,000 after purchasing an additional 82,030 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG opened at $194.17 on Friday. The firm’s 50 day simple moving average is $199.89 and its 200 day simple moving average is $198.99. The company has a market capitalization of $86.01 billion, a P/E ratio of 24.18 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 1-year low of $173.17 and a 1-year high of $205.24.

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.