Vanguard Dividend Appreciation ETF $VIG Stake Cut by Assetmark Inc.

Assetmark Inc. decreased its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 31.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,020 shares of the company’s stock after selling 5,069 shares during the period. Assetmark Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $2,370,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Bank of America Corp DE boosted its position in Vanguard Dividend Appreciation ETF by 16.2% during the 4th quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock worth $5,437,287,000 after acquiring an additional 3,448,292 shares during the period. Morgan Stanley increased its holdings in shares of Vanguard Dividend Appreciation ETF by 2.0% during the fourth quarter. Morgan Stanley now owns 12,774,029 shares of the company’s stock valued at $2,807,477,000 after purchasing an additional 247,444 shares during the period. Wells Fargo & Company MN raised its stake in shares of Vanguard Dividend Appreciation ETF by 2.2% during the fourth quarter. Wells Fargo & Company MN now owns 10,814,160 shares of the company’s stock valued at $2,376,736,000 after purchasing an additional 228,122 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock valued at $2,349,602,000 after purchasing an additional 130,639 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 3.0% in the fourth quarter. Wealthfront Advisers LLC now owns 9,879,191 shares of the company’s stock worth $2,171,249,000 after purchasing an additional 287,085 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA VIG opened at $237.25 on Friday. The stock has a fifty day moving average price of $235.31 and a two-hundred day moving average price of $227.75. The firm has a market cap of $110.41 billion, a P/E ratio of 23.32 and a beta of 0.82. Vanguard Dividend Appreciation ETF has a 1 year low of $203.17 and a 1 year high of $240.08.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.