Cahaba Wealth Management Inc. Reduces Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cahaba Wealth Management Inc. reduced its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 8.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,123 shares of the company’s stock after selling 187 shares during the period. Cahaba Wealth Management Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $416,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Curio Wealth LLC bought a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $26,000. Parkworth Wealth Management Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at $28,000. Providence First Trust Co bought a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth $33,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth $38,000. Finally, Synergy Investment Management LLC bought a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $39,000.

Vanguard Dividend Appreciation ETF Trading Up 1.7 %

Shares of NYSEARCA VIG opened at $184.75 on Monday. The business has a 50-day moving average of $195.51 and a 200-day moving average of $198.03. The firm has a market capitalization of $82.36 billion, a price-to-earnings ratio of 23.79 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 12 month low of $169.32 and a 12 month high of $205.24.

Vanguard Dividend Appreciation ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.9377 per share. The ex-dividend date was Thursday, March 27th. This is a positive change from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.