Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Stake Reduced by Intelligent Financial Strategies

Intelligent Financial Strategies trimmed its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,995 shares of the company’s stock after selling 437 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 2.2% of Intelligent Financial Strategies’ holdings, making the stock its 7th largest holding. Intelligent Financial Strategies’ holdings in Vanguard Dividend Appreciation ETF were worth $4,267,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Assetmark Inc. boosted 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 purchasing an additional 3,353 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 12.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,413,464 shares of the company’s stock worth $274,198,000 after buying an additional 160,813 shares during the period. Russell Investments Group Ltd. lifted its holdings in Vanguard Dividend Appreciation ETF by 21.1% during 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 during the period. Raymond James Financial Inc. bought a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter valued at $1,024,119,000. Finally, Chancellor Financial Group WB LP purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $840,000.

Vanguard Dividend Appreciation ETF Trading Up 0.6%

VIG opened at $203.55 on Friday. The firm has a market cap of $91.74 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 12 month low of $169.32 and a 12 month high of $205.24. The stock has a fifty day moving average price of $195.80 and a 200-day moving average price of $196.23.

Vanguard Dividend Appreciation ETF Company 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.