Brightwater Advisory LLC Sells 3,371 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Brightwater Advisory LLC trimmed its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,136 shares of the company’s stock after selling 3,371 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 4.8% of Brightwater Advisory LLC’s investment portfolio, making the stock its 5th biggest holding. Brightwater Advisory LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $6,097,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sincerus Advisory LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth $3,594,000. LifeGoal Wealth Advisors purchased a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $533,000. Siligmueller & Norvid Wealth Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $1,138,000. Kellett Wealth Advisors LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 7.5% in the 4th quarter. Kellett Wealth Advisors LLC now owns 23,925 shares of the company’s stock valued at $4,685,000 after purchasing an additional 1,662 shares in the last quarter. Finally, DMKC Advisory Services LLC acquired a new position in Vanguard Dividend Appreciation ETF during the 4th quarter worth approximately $2,501,000.

Vanguard Dividend Appreciation ETF Trading Up 0.3 %

Shares of VIG stock opened at $202.14 on Wednesday. The stock has a 50 day simple moving average of $199.82 and a 200-day simple moving average of $198.46. The company has a market cap of $89.58 billion, a price-to-earnings ratio of 25.31 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a 12-month low of $173.17 and a 12-month high of $205.24.

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.