Forza Wealth Management LLC Sells 5,305 Shares of Vanguard Dividend Appreciation ETF $VIG

Forza Wealth Management LLC lessened its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 27.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,821 shares of the company’s stock after selling 5,305 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 1.1% of Forza Wealth Management LLC’s investment portfolio, making the stock its 27th biggest holding. Forza Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Investment Research & Advisory Group Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth about $31,000. Eagle Bay Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth about $31,000. Clear Investment Research LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth about $38,000. Washington Trust Advisors Inc. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 46.9% in the 3rd quarter. Washington Trust Advisors Inc. now owns 188 shares of the company’s stock worth $40,000 after acquiring an additional 60 shares during the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth about $45,000.

Vanguard Dividend Appreciation ETF Price Performance

VIG opened at $228.44 on Friday. Vanguard Dividend Appreciation ETF has a fifty-two week low of $190.42 and a fifty-two week high of $230.53. The firm has a market capitalization of $105.42 billion, a PE ratio of 23.32 and a beta of 0.84. The company’s 50-day moving average is $221.55 and its 200 day moving average is $221.37.

Vanguard Dividend Appreciation ETF Profile

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.