Bank of Montreal Can Lowers Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Bank of Montreal Can reduced its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 824,991 shares of the company’s stock after selling 51,732 shares during the quarter. Bank of Montreal Can’s holdings in Vanguard Dividend Appreciation ETF were worth $161,558,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Arete Wealth Advisors LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 20.1% in the 3rd quarter. Arete Wealth Advisors LLC now owns 37,785 shares of the company’s stock worth $7,456,000 after buying an additional 6,322 shares during the period. Kovitz Investment Group Partners LLC increased its stake in Vanguard Dividend Appreciation ETF by 2.1% during the third quarter. Kovitz Investment Group Partners LLC now owns 24,644 shares of the company’s stock worth $4,881,000 after acquiring an additional 508 shares during the last quarter. Insigneo Advisory Services LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth about $410,000. National Bank of Canada FI lifted its stake in shares of Vanguard Dividend Appreciation ETF by 1.1% in the 3rd quarter. National Bank of Canada FI now owns 154,995 shares of the company’s stock valued at $30,698,000 after purchasing an additional 1,756 shares in the last quarter. Finally, Zacks Investment Management grew its holdings in shares of Vanguard Dividend Appreciation ETF by 47.8% during the 3rd quarter. Zacks Investment Management now owns 4,633 shares of the company’s stock worth $917,000 after purchasing an additional 1,498 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

VIG opened at $175.67 on Tuesday. The company has a market cap of $78.31 billion, a PE ratio of 23.79 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 1 year low of $169.32 and a 1 year high of $205.24. The firm has a 50 day moving average price of $198.01 and a 200 day moving average price of $198.73.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.9377 dividend. The ex-dividend date was Thursday, March 27th. This is an increase from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.