Morton Capital Management LLC CA Sells 747 Shares of Vanguard Dividend Appreciation ETF $VIG

Morton Capital Management LLC CA lessened its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.1% in the second quarter, HoldingsChannel reports. The fund owned 23,574 shares of the company’s stock after selling 747 shares during the period. Vanguard Dividend Appreciation ETF makes up about 0.9% of Morton Capital Management LLC CA’s portfolio, making the stock its 14th biggest position. Morton Capital Management LLC CA’s holdings in Vanguard Dividend Appreciation ETF were worth $4,825,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of VIG. Wealthfront Advisers LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 10.8% in the 1st quarter. Wealthfront Advisers LLC now owns 7,603,273 shares of the company’s stock valued at $1,474,959,000 after acquiring an additional 738,441 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in Vanguard Dividend Appreciation ETF during the 1st quarter valued at about $134,776,000. HB Wealth Management LLC increased its holdings in Vanguard Dividend Appreciation ETF by 9.9% during the 1st quarter. HB Wealth Management LLC now owns 5,349,243 shares of the company’s stock valued at $1,027,305,000 after purchasing an additional 480,314 shares during the period. Vanguard Group Inc. increased its holdings in Vanguard Dividend Appreciation ETF by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 10,160,433 shares of the company’s stock valued at $1,971,022,000 after purchasing an additional 451,169 shares during the period. Finally, Park Avenue Securities LLC purchased a new position in Vanguard Dividend Appreciation ETF during the 2nd quarter valued at about $73,541,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA:VIG opened at $217.26 on Wednesday. Vanguard Dividend Appreciation ETF has a 1 year low of $169.32 and a 1 year high of $218.92. The company has a market cap of $98.57 billion, a PE ratio of 23.32 and a beta of 0.85. The stock’s 50-day moving average is $212.00 and its 200 day moving average is $201.86.

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.