Gallacher Capital Management LLC Sells 815 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Gallacher Capital Management LLC cut its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 10.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 6,748 shares of the company’s stock after selling 815 shares during the period. Vanguard Dividend Appreciation ETF accounts for approximately 0.6% of Gallacher Capital Management LLC’s portfolio, making the stock its 26th biggest position. Gallacher Capital Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,150,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $31,000. Provence Wealth Management Group acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the third quarter valued at about $29,000. Sittner & Nelson LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 368.0% in the third quarter. Sittner & Nelson LLC now owns 234 shares of the company’s stock valued at $36,000 after acquiring an additional 184 shares during the last quarter. Providence Capital Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the third quarter valued at about $38,000. Finally, Life Planning Partners Inc acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $42,000.

Vanguard Dividend Appreciation ETF Stock Up 1.0 %

Shares of NYSEARCA:VIG traded up $1.72 during midday trading on Friday, reaching $176.94. The company had a trading volume of 675,025 shares, compared to its average volume of 995,284. The business’s 50 day moving average price is $178.40 and its 200 day moving average price is $171.00. The stock has a market cap of $76.49 billion, a PE ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1-year low of $149.67 and a 1-year high of $183.52.

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.