IMG Wealth Management Inc. Sells 333 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

IMG Wealth Management Inc. reduced its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 15.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,834 shares of the company’s stock after selling 333 shares during the period. IMG Wealth Management Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $356,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Assetmark Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 121.5% during the fourth quarter. Assetmark Inc. now owns 6,113 shares of the company’s stock valued at $1,197,000 after acquiring an additional 3,353 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Vanguard Dividend Appreciation ETF by 12.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,413,464 shares of the company’s stock worth $274,198,000 after purchasing an additional 160,813 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Vanguard Dividend Appreciation ETF by 21.1% in the fourth quarter. Russell Investments Group Ltd. now owns 3,036 shares of the company’s stock worth $594,000 after buying an additional 529 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth approximately $1,024,119,000. Finally, Chancellor Financial Group WB LP bought a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth approximately $840,000.

Vanguard Dividend Appreciation ETF Stock Up 1.0%

Shares of Vanguard Dividend Appreciation ETF stock opened at $201.01 on Tuesday. The company has a market cap of $90.62 billion, a price-to-earnings ratio of 24.18 and a beta of 0.86. The company’s 50 day moving average is $194.68 and its 200 day moving average is $196.13. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $205.24.

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.