Tortoise Investment Management LLC Reduces Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Tortoise Investment Management LLC decreased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 14.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,739 shares of the company’s stock after selling 290 shares during the quarter. Tortoise Investment Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $305,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of VIG. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $31,000. Provence Wealth Management Group bought a new position in Vanguard Dividend Appreciation ETF in the third quarter worth $29,000. VisionPoint Advisory Group LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth about $38,000. Sittner & Nelson LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 368.0% in the 3rd quarter. Sittner & Nelson LLC now owns 234 shares of the company’s stock worth $36,000 after purchasing an additional 184 shares in the last quarter. Finally, Providence Capital Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF during the 3rd quarter valued at approximately $38,000.

Vanguard Dividend Appreciation ETF Stock Up 0.2 %

Shares of NYSEARCA:VIG traded up $0.43 on Friday, hitting $184.06. 636,772 shares of the company traded hands, compared to its average volume of 965,325. The company has a market cap of $79.57 billion, a PE ratio of 24.54 and a beta of 0.78. The stock has a 50 day simple moving average of $178.90 and a 200-day simple moving average of $172.86. Vanguard Dividend Appreciation ETF has a 52 week low of $149.67 and a 52 week high of $184.26.

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.