Northwestern Mutual Wealth Management Co. Cuts Stake in Vanguard Dividend Appreciation ETF $VIG

Northwestern Mutual Wealth Management Co. trimmed its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIGFree Report) by 97.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 45,222 shares of the company’s stock after selling 1,577,625 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Dividend Appreciation ETF were worth $9,939,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Investment Research & Advisory Group Inc. purchased a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $31,000. Eagle Bay Advisors LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $31,000. Garner Asset Management Corp purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $35,000. Clear Investment Research LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter valued at about $38,000. Finally, Washington Trust Advisors Inc. boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 46.9% during the 3rd quarter. Washington Trust Advisors Inc. now owns 188 shares of the company’s stock valued at $40,000 after acquiring an additional 60 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.2%

Shares of NYSEARCA VIG opened at $231.05 on Friday. The firm’s 50-day moving average price is $222.60 and its 200-day moving average price is $222.54. The company has a market cap of $106.63 billion, a PE ratio of 23.32 and a beta of 0.82. Vanguard Dividend Appreciation ETF has a 52-week low of $193.01 and a 52-week high of $231.32.

About Vanguard Dividend Appreciation ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Dividend Appreciation ETF (NYSEARCA:VIGFree Report).

Institutional Ownership by Quarter for Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

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