Modern Wealth Management LLC Lowers Stock Position in Vanguard Dividend Appreciation ETF $VIG

Modern Wealth Management LLC lessened its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 7.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 46,029 shares of the company’s stock after selling 3,448 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $9,928,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VIG. Salomon & Ludwin LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 4.3% during the 4th quarter. Salomon & Ludwin LLC now owns 1,084 shares of the company’s stock valued at $241,000 after acquiring an additional 45 shares during the period. Rather & Kittrell Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 3.9% in the 4th quarter. Rather & Kittrell Inc. now owns 1,206 shares of the company’s stock valued at $265,000 after purchasing an additional 45 shares in the last quarter. OMNI 360 Wealth Inc. raised its holdings in Vanguard Dividend Appreciation ETF by 1.2% in the 4th quarter. OMNI 360 Wealth Inc. now owns 3,762 shares of the company’s stock worth $845,000 after purchasing an additional 45 shares during the period. Essex LLC raised its holdings in Vanguard Dividend Appreciation ETF by 0.8% in the 4th quarter. Essex LLC now owns 5,915 shares of the company’s stock worth $1,300,000 after purchasing an additional 46 shares during the period. Finally, Keeler & Nadler Financial Planning & Wealth Management boosted its position in Vanguard Dividend Appreciation ETF by 0.7% during the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 6,451 shares of the company’s stock worth $1,418,000 after purchasing an additional 46 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.6%

Shares of VIG stock opened at $238.65 on Friday. Vanguard Dividend Appreciation ETF has a 12-month low of $203.17 and a 12-month high of $240.08. The business’s 50 day moving average is $235.50 and its two-hundred day moving average is $227.83. The company has a market capitalization of $111.06 billion, a P/E ratio of 23.32 and a beta of 0.82.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.