Bank of New York Mellon Corp Trims Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Bank of New York Mellon Corp decreased its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 14.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,452,513 shares of the company’s stock after selling 244,554 shares during the period. Bank of New York Mellon Corp owned 0.34% of Vanguard Dividend Appreciation ETF worth $284,445,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Strategic Financial Concepts LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 21,353.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after purchasing an additional 11,312,895 shares during the period. LPL Financial LLC lifted its position in Vanguard Dividend Appreciation ETF by 5.7% during the third quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after buying an additional 314,952 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Vanguard Dividend Appreciation ETF by 28.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock worth $237,643,000 after buying an additional 264,483 shares during the last quarter. Robertson Stephens Wealth Management LLC grew its holdings in Vanguard Dividend Appreciation ETF by 53.3% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 587,326 shares of the company’s stock valued at $115,016,000 after buying an additional 204,136 shares during the period. Finally, Mesirow Financial Investment Management Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 108.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock valued at $68,381,000 after acquiring an additional 179,441 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

VIG opened at $201.58 on Thursday. Vanguard Dividend Appreciation ETF has a 1 year low of $173.17 and a 1 year high of $205.24. The company’s 50 day simple moving average is $199.93 and its 200 day simple moving average is $198.48. The stock has a market capitalization of $89.33 billion, a PE ratio of 25.31 and a beta of 0.86.

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.