Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Shares Sold by Pathway Financial Advisors LLC

Pathway Financial Advisors LLC lessened its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 40,988 shares of the company’s stock after selling 219 shares during the period. Vanguard Dividend Appreciation ETF makes up about 1.4% of Pathway Financial Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Pathway Financial Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $7,951,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 284.3% in the fourth quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock valued at $5,134,878,000 after purchasing an additional 19,397,896 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Vanguard Dividend Appreciation ETF by 17.1% in the fourth quarter. Bank of America Corp DE now owns 24,743,391 shares of the company’s stock valued at $4,845,498,000 after purchasing an additional 3,605,152 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Vanguard Dividend Appreciation ETF by 8.6% in the fourth quarter. Wells Fargo & Company MN now owns 10,520,396 shares of the company’s stock valued at $2,060,209,000 after purchasing an additional 832,983 shares during the last quarter. Vanguard Group Inc. grew its position in Vanguard Dividend Appreciation ETF by 3.2% in the fourth quarter. Vanguard Group Inc. now owns 9,709,264 shares of the company’s stock worth $1,901,365,000 after acquiring an additional 301,772 shares during the period. Finally, Castlekeep Investment Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF in the fourth quarter worth approximately $1,253,526,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $200.46 on Friday. The firm has a market capitalization of $90.37 billion, a price-to-earnings ratio of 24.18 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a fifty-two week low of $169.32 and a fifty-two week high of $205.24. The stock has a 50 day moving average of $192.70 and a 200 day moving average of $196.40.

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.