Weik Capital Management Sells 210 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Weik Capital Management lessened its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,655 shares of the company’s stock after selling 210 shares during the period. Weik Capital Management’s holdings in Vanguard Dividend Appreciation ETF were worth $1,303,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 284.3% in the 4th quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock valued at $5,134,878,000 after acquiring an additional 19,397,896 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in Vanguard Dividend Appreciation ETF by 21,353.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after purchasing an additional 11,312,895 shares during the last quarter. Vanguard Group Inc. grew its holdings in Vanguard Dividend Appreciation ETF by 3.2% during the fourth quarter. Vanguard Group Inc. now owns 9,709,264 shares of the company’s stock worth $1,901,365,000 after purchasing an additional 301,772 shares during the period. LPL Financial LLC grew its holdings in Vanguard Dividend Appreciation ETF by 3.6% during the fourth quarter. LPL Financial LLC now owns 6,016,294 shares of the company’s stock worth $1,178,171,000 after purchasing an additional 207,484 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $1,024,119,000.

Vanguard Dividend Appreciation ETF Stock Down 0.5 %

VIG opened at $194.58 on Friday. Vanguard Dividend Appreciation ETF has a 12-month low of $173.17 and a 12-month high of $205.24. The business has a 50 day moving average of $199.85 and a 200-day moving average of $199.04. The stock has a market cap of $86.19 billion, a price-to-earnings ratio of 24.18 and a beta of 0.85.

Vanguard Dividend Appreciation ETF Increases Dividend

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