Cypress Capital Group Cuts Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cypress Capital Group decreased its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 30.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,845 shares of the company’s stock after selling 1,713 shares during the period. Cypress Capital Group’s holdings in Vanguard Dividend Appreciation ETF were worth $753,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VIG. Strategic Financial Concepts LLC lifted its position in Vanguard Dividend Appreciation ETF by 21,353.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after purchasing an additional 11,312,895 shares during the period. LPL Financial LLC raised its position in Vanguard Dividend Appreciation ETF by 5.7% in the third quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after acquiring an additional 314,952 shares during the period. HB Wealth Management LLC raised its position in Vanguard Dividend Appreciation ETF by 1.7% in the fourth quarter. HB Wealth Management LLC now owns 4,868,929 shares of the company’s stock worth $942,870,000 after acquiring an additional 82,030 shares during the period. JPMorgan Chase & Co. raised its position in Vanguard Dividend Appreciation ETF by 3.9% in the third quarter. JPMorgan Chase & Co. now owns 3,295,589 shares of the company’s stock worth $652,725,000 after acquiring an additional 123,584 shares during the period. Finally, Proficio Capital Partners LLC raised its position in Vanguard Dividend Appreciation ETF by 20,620.9% in the fourth quarter. Proficio Capital Partners LLC now owns 2,547,430 shares of the company’s stock worth $498,863,000 after acquiring an additional 2,535,136 shares during the period.

Vanguard Dividend Appreciation ETF Trading Up 0.9 %

VIG opened at $199.93 on Thursday. Vanguard Dividend Appreciation ETF has a 1-year low of $173.17 and a 1-year high of $205.24. The company has a market capitalization of $88.60 billion, a PE ratio of 25.31 and a beta of 0.86. The firm’s 50 day simple moving average is $200.22 and its two-hundred day simple moving average is $198.90.

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.