Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC trimmed its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,252 shares of the company’s stock after selling 602 shares during the quarter. Sowell Financial Services LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $6,120,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Peterson Financial Group Inc. bought a new position in Vanguard Dividend Appreciation ETF in the third quarter worth about $29,000. Providence First Trust Co acquired a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter worth about $33,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $38,000. Synergy Investment Management LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter worth approximately $39,000. Finally, Bank of New Hampshire boosted its stake in Vanguard Dividend Appreciation ETF by 244.4% during the fourth quarter. Bank of New Hampshire now owns 217 shares of the company’s stock valued at $42,000 after buying an additional 154 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG opened at $199.59 on Friday. The stock has a market capitalization of $88.45 billion, a P/E ratio of 25.31 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 12-month low of $173.17 and a 12-month high of $205.24. The firm’s 50 day moving average is $200.21 and its 200-day moving average is $199.00.

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.