Envestnet Portfolio Solutions Inc. Trims Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Envestnet Portfolio Solutions Inc. trimmed its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,612 shares of the company’s stock after selling 402 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $8,149,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Assetmark Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 121.5% in the fourth quarter. Assetmark Inc. now owns 6,113 shares of the company’s stock worth $1,197,000 after purchasing an additional 3,353 shares during the last quarter. M3 Advisory Group LLC raised its position in Vanguard Dividend Appreciation ETF by 4.3% during the fourth quarter. M3 Advisory Group LLC now owns 57,198 shares of the company’s stock valued at $11,201,000 after acquiring an additional 2,375 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $1,024,119,000. FSC Wealth Advisors LLC raised its position in Vanguard Dividend Appreciation ETF by 15.3% during the fourth quarter. FSC Wealth Advisors LLC now owns 34,951 shares of the company’s stock valued at $6,845,000 after acquiring an additional 4,626 shares in the last quarter. Finally, Independent Family Office LLC raised its position in Vanguard Dividend Appreciation ETF by 7.7% during the third quarter. Independent Family Office LLC now owns 30,142 shares of the company’s stock valued at $5,938,000 after acquiring an additional 2,164 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 1.0 %

Shares of VIG stock opened at $195.09 on Tuesday. The stock has a 50 day moving average of $199.93 and a 200 day moving average of $199.04. The stock has a market cap of $86.42 billion, a P/E ratio of 24.18 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a twelve month low of $173.17 and a twelve month high of $205.24.

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.