Mission Wealth Management LP Cuts Position in Vanguard Dividend Appreciation ETF $VIG

Mission Wealth Management LP cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 64,200 shares of the company’s stock after selling 3,800 shares during the period. Mission Wealth Management LP’s holdings in Vanguard Dividend Appreciation ETF were worth $14,110,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. RiverFront Investment Group LLC grew its position in Vanguard Dividend Appreciation ETF by 3.1% in the fourth quarter. RiverFront Investment Group LLC now owns 5,452 shares of the company’s stock worth $1,198,000 after acquiring an additional 164 shares in the last quarter. Sapient Capital LLC boosted its position in Vanguard Dividend Appreciation ETF by 40.7% during the fourth quarter. Sapient Capital LLC now owns 141,986 shares of the company’s stock valued at $31,437,000 after buying an additional 41,038 shares during the period. Passumpsic Savings Bank purchased a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $1,111,000. Evergreen Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at about $1,276,000. Finally, ARS Investment Partners LLC boosted its position in Vanguard Dividend Appreciation ETF by 30.0% during the fourth quarter. ARS Investment Partners LLC now owns 1,780 shares of the company’s stock valued at $391,000 after buying an additional 411 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA VIG opened at $229.39 on Monday. The company has a 50-day simple moving average of $221.95 and a two-hundred day simple moving average of $222.20. Vanguard Dividend Appreciation ETF has a 12-month low of $193.01 and a 12-month high of $231.32. The firm has a market cap of $105.86 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.