Miracle Mile Advisors LLC Lowers Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Miracle Mile Advisors LLC trimmed its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 8.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,034 shares of the company’s stock after selling 6,053 shares during the quarter. Miracle Mile Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $13,519,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter valued at about $29,000. Providence Capital Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF during the second quarter worth about $33,000. Bank of New Hampshire increased its holdings in Vanguard Dividend Appreciation ETF by 244.4% in the fourth quarter. Bank of New Hampshire now owns 217 shares of the company’s stock valued at $42,000 after buying an additional 154 shares in the last quarter. Bangor Savings Bank boosted its stake in shares of Vanguard Dividend Appreciation ETF by 41.0% during the 4th quarter. Bangor Savings Bank now owns 220 shares of the company’s stock worth $43,000 after acquiring an additional 64 shares in the last quarter. Finally, Morton Brown Family Wealth LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 661.8% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 259 shares of the company’s stock worth $51,000 after acquiring an additional 225 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.7 %

NYSEARCA VIG traded up $1.28 during mid-day trading on Monday, hitting $194.12. The stock had a trading volume of 1,995,125 shares, compared to its average volume of 1,292,661. The company has a 50 day simple moving average of $199.76 and a 200 day simple moving average of $194.90. The company has a market cap of $83.92 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 52-week low of $168.65 and a 52-week high of $205.20.

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.