Miller Investment Management LP Cuts Stake in Vanguard Dividend Appreciation ETF $VIG

Miller Investment Management LP cut its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 31.6% during the third quarter, Holdings Channel reports. The firm owned 16,293 shares of the company’s stock after selling 7,538 shares during the quarter. Vanguard Dividend Appreciation ETF makes up 0.4% of Miller Investment Management LP’s portfolio, making the stock its 28th biggest holding. Miller Investment Management LP’s holdings in Vanguard Dividend Appreciation ETF were worth $3,516,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 92.5% in the fourth quarter. Brighton Jones LLC now owns 34,563 shares of the company’s stock worth $6,768,000 after buying an additional 16,606 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Vanguard Dividend Appreciation ETF by 12.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,066 shares of the company’s stock valued at $992,000 after acquiring an additional 577 shares during the last quarter. Interchange Capital Partners LLC lifted its stake in Vanguard Dividend Appreciation ETF by 8.8% in the 2nd quarter. Interchange Capital Partners LLC now owns 2,136 shares of the company’s stock worth $437,000 after purchasing an additional 173 shares in the last quarter. Solstein Capital LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at about $50,000. Finally, Ashton Thomas Private Wealth LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 47.1% during the second quarter. Ashton Thomas Private Wealth LLC now owns 23,071 shares of the company’s stock valued at $4,742,000 after purchasing an additional 7,386 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.8%

Shares of VIG stock opened at $225.78 on Tuesday. The stock has a market capitalization of $104.76 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 $230.53. The stock’s 50-day moving average price is $224.23 and its 200-day moving average price is $218.71.

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.