Tranquility Partners LLC Sells 421 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Tranquility Partners LLC cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 15,001 shares of the company’s stock after selling 421 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 1.1% of Tranquility Partners LLC’s investment portfolio, making the stock its 18th largest position. Tranquility Partners LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $2,951,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VIG. Alpha Financial Partners LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the third quarter worth approximately $3,597,000. NBC Securities Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 76.3% in the third quarter. NBC Securities Inc. now owns 6,353 shares of the company’s stock worth $1,258,000 after purchasing an additional 2,749 shares during the last quarter. Magnus Financial Group LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 1.6% in the third quarter. Magnus Financial Group LLC now owns 4,672 shares of the company’s stock worth $925,000 after purchasing an additional 73 shares during the last quarter. Prospect Financial Services LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 1.6% during the third quarter. Prospect Financial Services LLC now owns 22,105 shares of the company’s stock valued at $4,378,000 after acquiring an additional 348 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 0.5% during the third quarter. Capital Advisors Wealth Management LLC now owns 154,295 shares of the company’s stock valued at $30,560,000 after acquiring an additional 695 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.5 %

Shares of VIG opened at $203.27 on Thursday. The company has a market capitalization of $87.88 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The stock has a 50 day moving average of $199.52 and a 200 day moving average of $197.22. Vanguard Dividend Appreciation ETF has a 12 month low of $172.54 and a 12 month high of $205.20.

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.