Level Four Advisory Services LLC Has $7.30 Million Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Level Four Advisory Services LLC decreased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 30.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,289 shares of the company’s stock after selling 16,114 shares during the period. Level Four Advisory Services LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $7,302,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Assetmark Inc. boosted its stake in shares of Vanguard Dividend Appreciation ETF by 121.5% in the 4th quarter. Assetmark Inc. now owns 6,113 shares of the company’s stock valued at $1,197,000 after purchasing an additional 3,353 shares during the last quarter. M3 Advisory Group LLC boosted its stake in Vanguard Dividend Appreciation ETF by 4.3% in the fourth quarter. M3 Advisory Group LLC now owns 57,198 shares of the company’s stock valued at $11,201,000 after acquiring an additional 2,375 shares during the last quarter. Raymond James Financial Inc. bought a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $1,024,119,000. FSC Wealth Advisors LLC grew its holdings in Vanguard Dividend Appreciation ETF by 15.3% during the 4th quarter. FSC Wealth Advisors LLC now owns 34,951 shares of the company’s stock worth $6,845,000 after acquiring an additional 4,626 shares during the period. Finally, Independent Family Office LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 7.7% during the 3rd quarter. Independent Family Office LLC now owns 30,142 shares of the company’s stock valued at $5,938,000 after acquiring an additional 2,164 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 0.5 %

VIG stock opened at $194.58 on Friday. Vanguard Dividend Appreciation ETF has a twelve month low of $173.17 and a twelve month high of $205.24. The business’s fifty day moving average is $199.85 and its 200-day moving average is $199.04. The company has a market cap of $86.19 billion, a P/E ratio of 24.18 and a beta of 0.85.

Vanguard Dividend Appreciation ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.9377 per share. This is an increase from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90. The ex-dividend date is Thursday, March 27th.

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.