Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Shares Sold by American Money Management LLC

American Money Management LLC lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 18.6% during the fourth quarter, Holdings Channel reports. The fund owned 3,155 shares of the company’s stock after selling 719 shares during the period. American Money Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $618,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Curio Wealth LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter worth about $26,000. Parkworth Wealth Management Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth about $28,000. Providence First Trust Co purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $33,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $38,000. Finally, Synergy Investment Management LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $39,000.

Vanguard Dividend Appreciation ETF Stock Down 1.4 %

NYSEARCA VIG opened at $191.94 on Friday. Vanguard Dividend Appreciation ETF has a 52 week low of $173.17 and a 52 week high of $205.24. The firm has a 50 day moving average of $199.71 and a two-hundred day moving average of $199.07. The stock has a market capitalization of $85.02 billion, a PE ratio of 24.18 and a beta of 0.85.

Vanguard Dividend Appreciation ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a $0.9377 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is a positive change from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.