Highland Capital Management LLC Sells 987 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Highland Capital Management LLC reduced its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 16.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,045 shares of the company’s stock after selling 987 shares during the quarter. Highland Capital Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $860,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Financial Freedom LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $28,000. Provence Wealth Management Group acquired a new position in Vanguard Dividend Appreciation ETF during the third quarter worth $29,000. Sawyer & Company Inc acquired a new position in Vanguard Dividend Appreciation ETF during the third quarter worth $31,000. Federated Hermes Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the third quarter worth $33,000. Finally, Credit Suisse AG acquired a new position in Vanguard Dividend Appreciation ETF during the second quarter worth $34,000.

Vanguard Dividend Appreciation ETF Trading Up 1.3 %

Shares of VIG opened at $182.36 on Thursday. The company has a market cap of $77.90 billion, a price-to-earnings ratio of 20.10 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 1-year low of $149.22 and a 1-year high of $183.52. The company’s fifty day simple moving average is $176.61 and its 200 day simple moving average is $167.10.

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.