Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Stake Trimmed by Gray Wealth Management Inc.

Gray Wealth Management Inc. lessened its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 135,901 shares of the company’s stock after selling 1,825 shares during the period. Vanguard Dividend Appreciation ETF comprises 11.3% of Gray Wealth Management Inc.’s investment portfolio, making the stock its largest holding. Gray Wealth Management Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $23,158,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of VIG. Claro Advisors LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 4.5% in the 4th quarter. Claro Advisors LLC now owns 2,241 shares of the company’s stock valued at $382,000 after acquiring an additional 97 shares in the last quarter. AIMZ Investment Advisors LLC raised its stake in Vanguard Dividend Appreciation ETF by 1.4% during the 4th quarter. AIMZ Investment Advisors LLC now owns 8,831 shares of the company’s stock valued at $1,505,000 after purchasing an additional 122 shares during the period. Baker Tilly Wealth Management LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $311,000. Tempus Wealth Planning LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 0.3% in the third quarter. Tempus Wealth Planning LLC now owns 27,066 shares of the company’s stock worth $4,206,000 after buying an additional 86 shares during the period. Finally, Burns J W & Co. Inc. NY grew its holdings in shares of Vanguard Dividend Appreciation ETF by 5.5% during the fourth quarter. Burns J W & Co. Inc. NY now owns 68,896 shares of the company’s stock valued at $11,740,000 after buying an additional 3,603 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG traded up $0.30 during trading hours on Thursday, hitting $173.63. 1,822,246 shares of the company’s stock traded hands, compared to its average volume of 1,044,242. The stock’s fifty day moving average price is $178.43 and its two-hundred day moving average price is $169.20. The firm has a market cap of $75.06 billion, a P/E ratio of 24.56 and a beta of 0.80. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $183.52.

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.