Palisade Asset Management LLC Trims Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Palisade Asset Management LLC lessened its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,140 shares of the company’s stock after selling 125 shares during the period. Palisade Asset Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $705,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VIG. Allspring Global Investments Holdings LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth $31,000. Provence Wealth Management Group purchased a new stake in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at approximately $29,000. Sittner & Nelson LLC increased its position in Vanguard Dividend Appreciation ETF by 368.0% during the 3rd quarter. Sittner & Nelson LLC now owns 234 shares of the company’s stock worth $36,000 after purchasing an additional 184 shares during the period. Providence Capital Advisors LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter worth approximately $38,000. Finally, Life Planning Partners Inc purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $42,000.

Vanguard Dividend Appreciation ETF Stock Up 0.5 %

VIG stock traded up $0.82 on Tuesday, reaching $178.86. 1,053,208 shares of the company’s stock were exchanged, compared to its average volume of 992,681. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $183.52. The stock has a fifty day moving average of $178.41 and a 200-day moving average of $171.34. The firm has a market cap of $77.32 billion, a PE ratio of 24.54 and a beta of 0.78.

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.