Frazier Financial Advisors LLC Sells 678 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Frazier Financial Advisors LLC lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 188,371 shares of the company’s stock after selling 678 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for approximately 29.3% of Frazier Financial Advisors LLC’s portfolio, making the stock its biggest position. Frazier Financial Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $36,883,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. FMR LLC raised its position in Vanguard Dividend Appreciation ETF by 7.9% during the third quarter. FMR LLC now owns 335,065 shares of the company’s stock valued at $66,363,000 after acquiring an additional 24,499 shares in the last quarter. BNP Paribas Financial Markets grew its stake in Vanguard Dividend Appreciation ETF by 1,718.2% during the third quarter. BNP Paribas Financial Markets now owns 74,563 shares of the company’s stock worth $14,768,000 after buying an additional 70,462 shares during the last quarter. WFA of San Diego LLC boosted its stake in Vanguard Dividend Appreciation ETF by 2.1% in the third quarter. WFA of San Diego LLC now owns 8,600 shares of the company’s stock worth $1,703,000 after purchasing an additional 176 shares in the last quarter. Fiduciary Trust Co grew its holdings in Vanguard Dividend Appreciation ETF by 108.9% during the 3rd quarter. Fiduciary Trust Co now owns 23,943 shares of the company’s stock worth $4,742,000 after acquiring an additional 12,484 shares during the last quarter. Finally, Financial Counselors Inc. increased its holdings in shares of Vanguard Dividend Appreciation ETF by 4.2% in the third quarter. Financial Counselors Inc. now owns 17,815 shares of the company’s stock valued at $3,528,000 after purchasing an additional 722 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $194.58 on Friday. Vanguard Dividend Appreciation ETF has a 52 week low of $173.17 and a 52 week high of $205.24. The firm has a fifty day moving average of $199.85 and a two-hundred day moving average of $199.04. The stock has a market capitalization of $86.19 billion, a price-to-earnings ratio of 24.18 and a beta of 0.85.

Vanguard Dividend Appreciation ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a $0.9377 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is a positive change from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.