Trek Financial LLC Lowers Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Trek Financial LLC reduced its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 7.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,049 shares of the company’s stock after selling 4,827 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 0.8% of Trek Financial LLC’s holdings, making the stock its 26th largest position. Trek Financial LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $11,368,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of VIG. Curio Wealth LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $26,000. Parkworth Wealth Management Inc. purchased a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at $28,000. Providence First Trust Co acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter worth about $33,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter worth about $38,000. Finally, Synergy Investment Management LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $39,000.

Vanguard Dividend Appreciation ETF Trading Down 5.7 %

NYSEARCA VIG opened at $177.07 on Friday. The stock has a market capitalization of $78.94 billion, a price-to-earnings ratio of 23.79 and a beta of 0.86. The stock has a 50-day moving average of $198.53 and a 200 day moving average of $198.87. Vanguard Dividend Appreciation ETF has a twelve month low of $173.17 and a twelve month high of $205.24.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid 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 of this dividend was Thursday, March 27th.

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.