Cahaba Wealth Management Inc. Lowers Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cahaba Wealth Management Inc. reduced its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 26.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 2,310 shares of the company’s stock after selling 825 shares during the period. Cahaba Wealth Management Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $457,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VIG. Family Firm Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter worth about $25,000. Eagle Bay Advisors LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 1st quarter worth about $26,000. 1620 Investment Advisors Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter worth about $26,000. FPC Investment Advisory Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 1st quarter worth about $30,000. Finally, Providence Capital Advisors LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter worth about $33,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG traded up $0.42 during mid-day trading on Friday, hitting $201.52. 509,331 shares of the company were exchanged, compared to its average volume of 826,748. Vanguard Dividend Appreciation ETF has a 1-year low of $149.67 and a 1-year high of $201.85. The company has a 50 day moving average of $195.29 and a 200-day moving average of $186.61. The stock has a market cap of $87.12 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.