Patten & Patten Inc. TN Sells 743 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Patten & Patten Inc. TN reduced its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 14.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,465 shares of the company’s stock after selling 743 shares during the quarter. Patten & Patten Inc. TN’s holdings in Vanguard Dividend Appreciation ETF were worth $874,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VIG. Assetmark Inc. grew its stake in Vanguard Dividend Appreciation ETF by 121.5% in the fourth quarter. Assetmark Inc. now owns 6,113 shares of the company’s stock valued at $1,197,000 after acquiring an additional 3,353 shares during the period. M3 Advisory Group LLC grew its stake in Vanguard Dividend Appreciation ETF by 4.3% in the fourth quarter. M3 Advisory Group LLC now owns 57,198 shares of the company’s stock valued at $11,201,000 after acquiring an additional 2,375 shares during the period. Raymond James Financial Inc. acquired a new stake in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $1,024,119,000. FSC Wealth Advisors LLC grew its stake in Vanguard Dividend Appreciation ETF by 15.3% in the fourth quarter. FSC Wealth Advisors LLC now owns 34,951 shares of the company’s stock valued at $6,845,000 after acquiring an additional 4,626 shares during the period. Finally, Independent Family Office LLC grew its stake in Vanguard Dividend Appreciation ETF by 7.7% in the third quarter. Independent Family Office LLC now owns 30,142 shares of the company’s stock valued at $5,938,000 after acquiring an additional 2,164 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $193.08 on Monday. Vanguard Dividend Appreciation ETF has a 52 week low of $173.17 and a 52 week high of $205.24. The stock has a 50 day moving average price of $199.94 and a two-hundred day moving average price of $199.03. The stock has a market capitalization of $85.53 billion, a PE ratio of 24.18 and a beta of 0.85.

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.