Beacon Capital Management LLC Trims Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Beacon Capital Management LLC decreased its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 8.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 8,018 shares of the company’s stock after selling 723 shares during the period. Beacon Capital Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,570,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VIG. Strategic Financial Concepts LLC raised its holdings 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 buying an additional 11,312,895 shares during the period. LPL Financial LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 5.7% during the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock valued at $1,150,493,000 after acquiring an additional 314,952 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Vanguard Dividend Appreciation ETF by 28.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock worth $237,643,000 after purchasing an additional 264,483 shares during the period. Robertson Stephens Wealth Management LLC increased its holdings in Vanguard Dividend Appreciation ETF by 53.3% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 587,326 shares of the company’s stock valued at $115,016,000 after purchasing an additional 204,136 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. raised its position in Vanguard Dividend Appreciation ETF by 108.2% in the third 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 period.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA VIG opened at $202.22 on Friday. Vanguard Dividend Appreciation ETF has a 1-year low of $172.34 and a 1-year high of $205.20. The company has a market capitalization of $87.42 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The business has a 50-day moving average of $199.69 and a 200-day moving average of $196.38.

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.