Optivise Advisory Services LLC Trims Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Optivise Advisory Services LLC lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 15.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,410 shares of the company’s stock after selling 255 shares during the period. Optivise Advisory Services LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $274,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of VIG. Curio Wealth LLC acquired a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $26,000. Parkworth Wealth Management Inc. purchased a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $28,000. Providence First Trust Co purchased a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $33,000. Synergy Investment Management LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $39,000. Finally, Promus Capital LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth about $43,000.

Vanguard Dividend Appreciation ETF Trading Down 0.8%

Shares of VIG opened at $199.54 on Wednesday. The company’s 50-day moving average price is $193.51 and its 200 day moving average price is $196.29. Vanguard Dividend Appreciation ETF has a 12-month low of $169.32 and a 12-month high of $205.24. The firm has a market cap of $89.96 billion, a P/E ratio of 24.18 and a beta of 0.86.

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.