American Money Management LLC Trims Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

American Money Management LLC trimmed its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 18.6% in the 4th quarter, according to its most recent disclosure with the SEC. The firm 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 at the end of the most recent quarter.

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

Vanguard Dividend Appreciation ETF Stock Performance

Vanguard Dividend Appreciation ETF stock opened at $191.94 on Friday. The company has a market capitalization of $85.02 billion, a PE ratio of 24.18 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a fifty-two week low of $173.17 and a fifty-two week high of $205.24. The firm has a 50 day moving average price of $199.71 and a 200 day moving average price of $199.07.

Vanguard Dividend Appreciation ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid a $0.9377 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is a boost from Vanguard Dividend Appreciation ETF’s previous dividend of $0.90.

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.