McNamara Financial Services Inc. Lowers Position in Vanguard Dividend Appreciation ETF $VIG

McNamara Financial Services Inc. cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 49.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,498 shares of the company’s stock after selling 17,747 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 0.8% of McNamara Financial Services Inc.’s holdings, making the stock its 19th largest holding. McNamara Financial Services Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $4,065,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Oliver Luxxe Assets LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 0.4% in the 3rd quarter. Oliver Luxxe Assets LLC now owns 12,454 shares of the company’s stock worth $2,687,000 after purchasing an additional 46 shares during the last quarter. Essex LLC raised its holdings in Vanguard Dividend Appreciation ETF by 0.8% in the 4th quarter. Essex LLC now owns 5,915 shares of the company’s stock worth $1,300,000 after acquiring an additional 46 shares during the last quarter. Cornerstone Wealth Group LLC raised its holdings in Vanguard Dividend Appreciation ETF by 3.2% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 1,498 shares of the company’s stock worth $323,000 after acquiring an additional 47 shares during the last quarter. Firethorn Wealth Partners LLC raised its holdings in Vanguard Dividend Appreciation ETF by 3.9% in the 3rd quarter. Firethorn Wealth Partners LLC now owns 1,271 shares of the company’s stock worth $274,000 after acquiring an additional 48 shares during the last quarter. Finally, LJI Wealth Management LLC raised its holdings in Vanguard Dividend Appreciation ETF by 2.8% in the 3rd quarter. LJI Wealth Management LLC now owns 1,743 shares of the company’s stock worth $376,000 after acquiring an additional 48 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 2.4%

Shares of NYSEARCA VIG opened at $221.94 on Thursday. Vanguard Dividend Appreciation ETF has a twelve month low of $171.69 and a twelve month high of $230.53. The firm has a market cap of $102.28 billion, a P/E ratio of 23.32 and a beta of 0.85. The company has a 50 day moving average of $222.01 and a 200 day moving average of $220.35.

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.