Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Shares Sold by Hughes Financial Services LLC

Hughes Financial Services LLC reduced its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 21,908 shares of the company’s stock after selling 563 shares during the quarter. Vanguard Dividend Appreciation ETF makes up approximately 0.8% of Hughes Financial Services LLC’s holdings, making the stock its 21st largest holding. Hughes Financial Services LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $4,242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 12.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,413,464 shares of the company’s stock valued at $274,198,000 after acquiring an additional 160,813 shares during the period. Russell Investments Group Ltd. grew its stake in Vanguard Dividend Appreciation ETF by 21.1% during the 4th quarter. Russell Investments Group Ltd. now owns 3,036 shares of the company’s stock valued at $594,000 after purchasing an additional 529 shares during the last quarter. Chancellor Financial Group WB LP acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $840,000. First Trust Advisors LP purchased a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $516,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 15,900.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 320 shares of the company’s stock worth $63,000 after purchasing an additional 318 shares during the period.

Vanguard Dividend Appreciation ETF Stock Down 0.6%

Shares of NYSEARCA VIG opened at $205.93 on Friday. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $208.11. The business’s 50 day moving average price is $199.89 and its 200 day moving average price is $196.73. The firm has a market cap of $92.90 billion, a P/E ratio of 23.32 and a beta of 0.85.

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.