Royal Fund Management LLC Decreases Holdings in Vanguard Dividend Appreciation ETF $VIG

Royal Fund Management LLC lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 26.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,992 shares of the company’s stock after selling 3,949 shares during the period. Royal Fund Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $2,374,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Penobscot Investment Management Company Inc. raised its stake in Vanguard Dividend Appreciation ETF by 4.2% during the second quarter. Penobscot Investment Management Company Inc. now owns 2,480 shares of the company’s stock worth $508,000 after purchasing an additional 100 shares during the period. Websterrogers Financial Advisors LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 6.7% in the 3rd quarter. Websterrogers Financial Advisors LLC now owns 57,998 shares of the company’s stock valued at $12,515,000 after buying an additional 3,638 shares during the period. Crane Advisory LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 2.3% during the 3rd quarter. Crane Advisory LLC now owns 137,804 shares of the company’s stock worth $29,880,000 after buying an additional 3,080 shares during the last quarter. Carnegie Investment Counsel raised its position in shares of Vanguard Dividend Appreciation ETF by 4.0% during the 3rd quarter. Carnegie Investment Counsel now owns 108,888 shares of the company’s stock valued at $23,497,000 after buying an additional 4,238 shares during the period. Finally, Atlantic Union Bankshares Corp purchased a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at $2,171,000.

Vanguard Dividend Appreciation ETF Stock Up 0.2%

Shares of Vanguard Dividend Appreciation ETF stock opened at $225.64 on Monday. The firm has a market cap of $104.69 billion, a PE ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $225.97. The business’s fifty day simple moving average is $220.78 and its 200-day simple moving average is $215.18.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.