Vanguard Dividend Appreciation ETF $VIG Shares Sold by River S Edge Wealth Management LLC

River S Edge Wealth Management LLC cut its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 7.7% during the first quarter, HoldingsChannel.com reports. The fund owned 44,717 shares of the company’s stock after selling 3,729 shares during the quarter. Vanguard Dividend Appreciation ETF makes up 9.6% of River S Edge Wealth Management LLC’s holdings, making the stock its 4th largest position. River S Edge Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $10,143,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Carrera Capital Advisors purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at approximately $573,000. MOR Wealth Management LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $1,609,000. Asempa Wealth Advisors purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $1,807,000. Elevatus Welath Management acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth $522,000. Finally, Amara Financial LLC. lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 8.7% during the fourth quarter. Amara Financial LLC. now owns 97,959 shares of the company’s stock worth $21,529,000 after purchasing an additional 7,858 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA:VIG opened at $238.62 on Friday. The firm has a market cap of $110.40 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. The firm’s fifty day moving average price is $232.31 and its 200 day moving average price is $225.96. Vanguard Dividend Appreciation ETF has a 1-year low of $203.17 and a 1-year high of $238.65.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.