Smith Anglin Financial LLC Sells 4,740 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Smith Anglin Financial LLC trimmed its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 95,801 shares of the company’s stock after selling 4,740 shares during the period. Vanguard Dividend Appreciation ETF makes up 1.8% of Smith Anglin Financial LLC’s portfolio, making the stock its 13th biggest holding. Smith Anglin Financial LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $18,761,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. LPL Financial LLC grew its position in Vanguard Dividend Appreciation ETF by 5.7% during the third quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after buying an additional 314,952 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Vanguard Dividend Appreciation ETF by 5.1% during the 3rd quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock worth $732,612,000 after purchasing an additional 178,450 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Vanguard Dividend Appreciation ETF by 3.9% in the third quarter. JPMorgan Chase & Co. now owns 3,295,589 shares of the company’s stock worth $652,725,000 after purchasing an additional 123,584 shares during the period. HighTower Advisors LLC raised its stake in Vanguard Dividend Appreciation ETF by 1.8% in the third quarter. HighTower Advisors LLC now owns 2,211,138 shares of the company’s stock valued at $438,024,000 after purchasing an additional 39,560 shares in the last quarter. Finally, Signaturefd LLC lifted its position in Vanguard Dividend Appreciation ETF by 0.5% during the third quarter. Signaturefd LLC now owns 1,913,049 shares of the company’s stock worth $378,899,000 after purchasing an additional 10,261 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 0.9 %

VIG stock opened at $197.00 on Wednesday. The company’s 50-day moving average price is $199.72 and its two-hundred day moving average price is $195.06. The firm has a market cap of $85.17 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 12 month low of $168.65 and a 12 month high of $205.20.

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.