Vanguard Dividend Appreciation ETF $VIG Shares Sold by BIP Wealth LLC

BIP Wealth LLC lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 7.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 84,482 shares of the company’s stock after selling 6,847 shares during the period. Vanguard Dividend Appreciation ETF makes up about 0.7% of BIP Wealth LLC’s investment portfolio, making the stock its 29th largest position. BIP Wealth LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $18,169,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position in Vanguard Dividend Appreciation ETF by 16.2% during the 4th quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock worth $5,437,287,000 after acquiring an additional 3,448,292 shares during the period. Morgan Stanley increased its holdings in shares of Vanguard Dividend Appreciation ETF by 2.0% in the fourth quarter. Morgan Stanley now owns 12,774,029 shares of the company’s stock valued at $2,807,477,000 after purchasing an additional 247,444 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Vanguard Dividend Appreciation ETF by 2.2% in the fourth quarter. Wells Fargo & Company MN now owns 10,814,160 shares of the company’s stock valued at $2,376,736,000 after purchasing an additional 228,122 shares during the period. Vanguard Group Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock worth $2,349,602,000 after purchasing an additional 130,639 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 3.0% during the fourth quarter. Wealthfront Advisers LLC now owns 9,879,191 shares of the company’s stock worth $2,171,249,000 after purchasing an additional 287,085 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA:VIG opened at $238.62 on Friday. The firm’s fifty day moving average price is $232.54 and its 200 day moving average price is $226.04. Vanguard Dividend Appreciation ETF has a 1-year low of $203.17 and a 1-year high of $238.65. The firm has a market cap of $110.40 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

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