Moors & Cabot Inc. Lowers Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Moors & Cabot Inc. cut its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 40,842 shares of the company’s stock after selling 1,106 shares during the period. Moors & Cabot Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $8,089,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Family Firm Inc. bought a new stake in Vanguard Dividend Appreciation ETF in the 2nd quarter worth $25,000. 1620 Investment Advisors Inc. purchased a new position in Vanguard Dividend Appreciation ETF during the second quarter valued at $26,000. Peterson Financial Group Inc. bought a new stake in Vanguard Dividend Appreciation ETF during the third quarter worth about $29,000. Providence Capital Advisors LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter worth approximately $33,000. Finally, HighMark Wealth Management LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 371.8% in the 2nd quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock worth $34,000 after purchasing an additional 145 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.3 %

VIG traded down $0.63 during trading on Wednesday, hitting $198.01. 68,904 shares of the company’s stock traded hands, compared to its average volume of 824,034. The stock has a market capitalization of $85.60 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 12-month low of $162.52 and a 12-month high of $203.80. The company’s 50 day simple moving average is $198.22 and its two-hundred day simple moving average is $190.20.

Vanguard Dividend Appreciation ETF Company 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.