Truist Financial Corp Cuts Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Truist Financial Corp lessened its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 6.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,570,153 shares of the company’s stock after selling 110,301 shares during the quarter. Truist Financial Corp owned about 0.37% of Vanguard Dividend Appreciation ETF worth $267,554,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BCS Wealth Management grew its stake in Vanguard Dividend Appreciation ETF by 2.3% in the 4th quarter. BCS Wealth Management now owns 2,763 shares of the company’s stock valued at $471,000 after acquiring an additional 61 shares during the period. AdvisorNet Financial Inc grew its position in shares of Vanguard Dividend Appreciation ETF by 2.5% in the fourth quarter. AdvisorNet Financial Inc now owns 2,526 shares of the company’s stock valued at $430,000 after purchasing an additional 61 shares during the period. North Star Asset Management Inc. grew its position in shares of Vanguard Dividend Appreciation ETF by 0.6% in the fourth quarter. North Star Asset Management Inc. now owns 10,880 shares of the company’s stock valued at $1,854,000 after purchasing an additional 62 shares during the period. Lbmc Investment Advisors LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 2.5% during the fourth quarter. Lbmc Investment Advisors LLC now owns 2,580 shares of the company’s stock worth $440,000 after purchasing an additional 64 shares in the last quarter. Finally, Palisade Asset Management LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 1.5% during the 3rd quarter. Palisade Asset Management LLC now owns 4,265 shares of the company’s stock worth $663,000 after purchasing an additional 65 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Vanguard Dividend Appreciation ETF stock traded up $0.18 during midday trading on Friday, reaching $176.73. The company had a trading volume of 891,992 shares, compared to its average volume of 1,017,408. Vanguard Dividend Appreciation ETF has a 12-month low of $149.67 and a 12-month high of $183.52. The company has a market capitalization of $76.40 billion, a P/E ratio of 24.56 and a beta of 0.80. The firm’s fifty day simple moving average is $178.50 and its 200-day simple moving average is $170.13.

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.