Occidental Asset Management LLC Cuts Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Occidental Asset Management LLC lessened its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 4,874 shares of the company’s stock after selling 527 shares during the quarter. Occidental Asset Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $890,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $31,000. Opal Wealth Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF in the first quarter valued at approximately $34,000. VisionPoint Advisory Group LLC purchased a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $38,000. Life Planning Partners Inc acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $42,000. Finally, VitalStone Financial LLC raised its holdings in Vanguard Dividend Appreciation ETF by 435.7% during the third quarter. VitalStone Financial LLC now owns 300 shares of the company’s stock worth $48,000 after purchasing an additional 244 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of Vanguard Dividend Appreciation ETF stock traded down $0.24 during trading hours on Friday, hitting $182.55. The company had a trading volume of 933,765 shares, compared to its average volume of 913,857. The company’s 50-day moving average is $180.94 and its two-hundred day moving average is $177.07. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $186.30. The company has a market cap of $78.92 billion, a P/E 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.