Smart Money Group LLC Cuts Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Smart Money Group LLC lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,082 shares of the company’s stock after selling 2,753 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 1.9% of Smart Money Group LLC’s holdings, making the stock its 14th largest holding. Smart Money Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $4,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BCS Wealth Management lifted its stake in Vanguard Dividend Appreciation ETF by 2.3% during the 4th quarter. BCS Wealth Management now owns 2,763 shares of the company’s stock worth $471,000 after acquiring an additional 61 shares in the last quarter. AdvisorNet Financial Inc grew its position in shares of Vanguard Dividend Appreciation ETF by 2.5% during the fourth quarter. AdvisorNet Financial Inc now owns 2,526 shares of the company’s stock worth $430,000 after buying an additional 61 shares in the last quarter. North Star Asset Management Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 0.6% during the fourth quarter. North Star Asset Management Inc. now owns 10,880 shares of the company’s stock worth $1,854,000 after buying an additional 62 shares during the period. Lbmc Investment Advisors LLC raised its holdings in Vanguard Dividend Appreciation ETF by 2.5% in the fourth quarter. Lbmc Investment Advisors LLC now owns 2,580 shares of the company’s stock valued at $440,000 after acquiring an additional 64 shares in the last quarter. Finally, Palisade Asset Management LLC lifted its stake in Vanguard Dividend Appreciation ETF by 1.5% in the third quarter. Palisade Asset Management LLC now owns 4,265 shares of the company’s stock worth $663,000 after acquiring an additional 65 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG traded up $0.88 during midday trading on Thursday, reaching $175.22. The stock had a trading volume of 612,570 shares, compared to its average volume of 999,051. The company’s fifty day simple moving average is $178.50 and its two-hundred day simple moving average is $170.63. The company has a market cap of $75.75 billion, a price-to-earnings 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.

Vanguard Dividend Appreciation ETF Company 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.