Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Shares Sold by Cibc World Markets Corp

Cibc World Markets Corp trimmed its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 17,981 shares of the company’s stock after selling 80 shares during the quarter. Cibc World Markets Corp’s holdings in Vanguard Dividend Appreciation ETF were worth $3,521,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VIG. Wealthfront Advisers LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 284.3% in the fourth quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock valued at $5,134,878,000 after buying an additional 19,397,896 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 21,353.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after purchasing an additional 11,312,895 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $1,024,119,000. Proficio Capital Partners LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 20,620.9% in the fourth quarter. Proficio Capital Partners LLC now owns 2,547,430 shares of the company’s stock valued at $498,863,000 after purchasing an additional 2,535,136 shares during the period. Finally, Independent Advisor Alliance grew its holdings in shares of Vanguard Dividend Appreciation ETF by 19,950.5% in the fourth quarter. Independent Advisor Alliance now owns 397,601 shares of the company’s stock valued at $77,862,000 after purchasing an additional 395,618 shares during the period.

Vanguard Dividend Appreciation ETF Trading Down 0.4 %

Shares of VIG opened at $194.50 on Friday. Vanguard Dividend Appreciation ETF has a 12-month low of $173.17 and a 12-month high of $205.24. The firm has a 50-day moving average price of $199.86 and a 200 day moving average price of $198.96. The firm has a market capitalization of $86.16 billion, a P/E 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.