Cornerstone Wealth Management LLC Trims Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cornerstone Wealth Management LLC trimmed its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 94,368 shares of the company’s stock after selling 1,171 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for about 1.2% of Cornerstone Wealth Management LLC’s holdings, making the stock its 10th biggest holding. Cornerstone Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $18,480,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Embree Financial Group grew its holdings in shares of Vanguard Dividend Appreciation ETF by 0.3% in the third quarter. Embree Financial Group now owns 18,010 shares of the company’s stock worth $3,567,000 after purchasing an additional 50 shares during the last quarter. JGP Wealth Management LLC boosted its position in Vanguard Dividend Appreciation ETF by 1.5% during the 3rd quarter. JGP Wealth Management LLC now owns 3,502 shares of the company’s stock valued at $694,000 after buying an additional 51 shares during the period. Ascent Group LLC grew its holdings in Vanguard Dividend Appreciation ETF by 1.7% in the 2nd quarter. Ascent Group LLC now owns 3,154 shares of the company’s stock worth $576,000 after acquiring an additional 53 shares during the last quarter. Bruce G. Allen Investments LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 3.9% in the fourth quarter. Bruce G. Allen Investments LLC now owns 1,425 shares of the company’s stock valued at $279,000 after acquiring an additional 53 shares during the period. Finally, Alterna Wealth Management Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 1.6% during the third quarter. Alterna Wealth Management Inc. now owns 3,440 shares of the company’s stock valued at $681,000 after acquiring an additional 54 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.7 %

Vanguard Dividend Appreciation ETF stock opened at $202.41 on Friday. The firm has a market cap of $87.51 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1-year low of $172.30 and a 1-year high of $205.20. The firm has a 50-day moving average of $199.39 and a 200-day moving average of $195.65.

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.