Covenant Asset Management LLC Sells 620 Shares of Vanguard Dividend Appreciation ETF (VIG)

Covenant Asset Management LLC lessened its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 17.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,860 shares of the company’s stock after selling 620 shares during the period. Covenant Asset Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $292,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of VIG. Private Advisor Group LLC increased its position in Vanguard Dividend Appreciation ETF by 38.3% in the 3rd quarter. Private Advisor Group LLC now owns 180,307 shares of the company’s stock valued at $17,173,000 after acquiring an additional 49,893 shares during the period. National Asset Management Inc. increased its position in Vanguard Dividend Appreciation ETF by 11.5% in the 3rd quarter. National Asset Management Inc. now owns 6,733 shares of the company’s stock valued at $640,000 after acquiring an additional 695 shares during the period. Northeast Investment Management increased its position in Vanguard Dividend Appreciation ETF by 46.0% in the 3rd quarter. Northeast Investment Management now owns 16,720 shares of the company’s stock valued at $1,585,000 after acquiring an additional 5,266 shares during the period. HWG Holdings LP acquired a new position in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at about $6,857,000. Finally, Glovista Investments LLC increased its position in Vanguard Dividend Appreciation ETF by 2.0% in the 3rd quarter. Glovista Investments LLC now owns 29,525 shares of the company’s stock valued at $2,799,000 after acquiring an additional 570 shares during the period.

Vanguard Dividend Appreciation ETF (NYSEARCA VIG) traded up $0.72 during midday trading on Friday, reaching $105.57. The company’s stock had a trading volume of 697,200 shares, compared to its average volume of 979,088. Vanguard Dividend Appreciation ETF has a 52 week low of $85.29 and a 52 week high of $104.92. The firm has a market cap of $28,360.00 and a PE ratio of 12.36.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 27th. Shareholders of record on Friday, December 22nd were given a dividend of $0.5461 per share. This is a boost from Vanguard Dividend Appreciation ETF’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend was Thursday, December 21st. This represents a $2.18 annualized dividend and a yield of 2.07%. Vanguard Dividend Appreciation ETF’s payout ratio is presently 22.48%.

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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.

Want to see what other hedge funds are holding VIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Dividend Appreciation ETF (NYSEARCA:VIG).

Institutional Ownership by Quarter for Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

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