Aries Wealth Management Reduces Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Aries Wealth Management trimmed its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 18.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,104 shares of the company’s stock after selling 2,052 shares during the period. Aries Wealth Management’s holdings in Vanguard Dividend Appreciation ETF were worth $1,783,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. M3 Advisory Group LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 4.3% in the fourth quarter. M3 Advisory Group LLC now owns 57,198 shares of the company’s stock valued at $11,201,000 after purchasing an additional 2,375 shares during the period. FSC Wealth Advisors LLC boosted its stake in Vanguard Dividend Appreciation ETF by 15.3% in the 4th quarter. FSC Wealth Advisors LLC now owns 34,951 shares of the company’s stock worth $6,845,000 after buying an additional 4,626 shares during the last quarter. Independent Family Office LLC grew its holdings in Vanguard Dividend Appreciation ETF by 7.7% in the 3rd quarter. Independent Family Office LLC now owns 30,142 shares of the company’s stock valued at $5,938,000 after buying an additional 2,164 shares during the period. Barrett & Company Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 7.9% during the 4th quarter. Barrett & Company Inc. now owns 15,308 shares of the company’s stock valued at $2,998,000 after acquiring an additional 1,120 shares during the last quarter. Finally, Barclays PLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 9.9% during the 3rd quarter. Barclays PLC now owns 7,860 shares of the company’s stock valued at $1,557,000 after acquiring an additional 710 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

VIG opened at $204.64 on Friday. Vanguard Dividend Appreciation ETF has a 1 year low of $173.17 and a 1 year high of $205.20. The company’s 50 day simple moving average is $199.52 and its 200 day simple moving average is $197.26. The stock has a market capitalization of $88.47 billion, a PE ratio of 24.54 and a beta of 0.78.

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.