Verdence Capital Advisors LLC Reduces Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Verdence Capital Advisors LLC trimmed its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,485 shares of the company’s stock after selling 159 shares during the period. Verdence Capital Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $5,246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of VIG. Family Firm Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF in the second quarter valued at $25,000. Eagle Bay Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the 1st quarter worth about $26,000. 1620 Investment Advisors Inc. bought a new position in Vanguard Dividend Appreciation ETF in the 2nd quarter worth about $26,000. FPC Investment Advisory Inc. purchased a new position in Vanguard Dividend Appreciation ETF during the 1st quarter valued at about $30,000. Finally, Providence Capital Advisors LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF during the second quarter valued at about $33,000.

Vanguard Dividend Appreciation ETF Trading Up 0.7 %

Shares of Vanguard Dividend Appreciation ETF stock opened at $203.07 on Friday. The company’s 50-day moving average price is $197.20 and its 200-day moving average price is $188.82. Vanguard Dividend Appreciation ETF has a 12-month low of $156.79 and a 12-month high of $203.72. The company has a market cap of $87.79 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

Vanguard Dividend Appreciation ETF 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.