Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Stake Cut by Lion Street Advisors LLC

Lion Street Advisors LLC lessened its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,152 shares of the company’s stock after selling 288 shares during the quarter. Vanguard Dividend Appreciation ETF makes up 0.7% of Lion Street Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Lion Street Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $2,357,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in VIG. Assetmark Inc. grew its position in 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. Russell Investments Group Ltd. grew its holdings in shares of Vanguard Dividend Appreciation ETF by 21.1% during the 4th quarter. Russell Investments Group Ltd. now owns 3,036 shares of the company’s stock valued at $594,000 after acquiring an additional 529 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth $1,024,119,000. Chancellor Financial Group WB LP purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth $840,000. Finally, First Trust Advisors LP acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $516,000.

Vanguard Dividend Appreciation ETF Price Performance

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

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.