Orion Portfolio Solutions LLC Sells 43,022 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Orion Portfolio Solutions LLC decreased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 72.4% during the fourth quarter, HoldingsChannel reports. The firm owned 16,401 shares of the company’s stock after selling 43,022 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,212,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Curio Wealth LLC bought a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $26,000. Parkworth Wealth Management Inc. bought a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter valued at approximately $28,000. Providence First Trust Co acquired a new stake in Vanguard Dividend Appreciation ETF in the 4th quarter valued at approximately $33,000. Comprehensive Financial Planning Inc. PA bought a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $38,000. Finally, Synergy Investment Management LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $39,000.

Vanguard Dividend Appreciation ETF Trading Up 1.1 %

VIG opened at $193.99 on Tuesday. Vanguard Dividend Appreciation ETF has a 1-year low of $173.17 and a 1-year high of $205.24. The business has a 50 day moving average of $199.60 and a 200-day moving average of $199.11. The stock has a market capitalization of $85.93 billion, a price-to-earnings ratio of 24.18 and a beta of 0.85.

Vanguard Dividend Appreciation ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.9377 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.