Tandem Capital Management Corp ADV Decreases Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Tandem Capital Management Corp ADV lowered its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 11,251 shares of the company’s stock after selling 74 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 1.2% of Tandem Capital Management Corp ADV’s holdings, making the stock its 28th biggest position. Tandem Capital Management Corp ADV’s holdings in Vanguard Dividend Appreciation ETF were worth $1,917,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of VIG. Syon Capital LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 66.8% in the 4th quarter. Syon Capital LLC now owns 70,062 shares of the company’s stock worth $11,938,000 after buying an additional 28,055 shares during the last quarter. Meritage Portfolio Management purchased a new position in Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $231,000. Pittenger & Anderson Inc. boosted its stake in Vanguard Dividend Appreciation ETF by 186.6% in the fourth quarter. Pittenger & Anderson Inc. now owns 4,806 shares of the company’s stock valued at $819,000 after acquiring an additional 3,129 shares during the last quarter. Bailard Inc. grew its position in shares of Vanguard Dividend Appreciation ETF by 23.7% during the 4th quarter. Bailard Inc. now owns 3,498 shares of the company’s stock valued at $596,000 after acquiring an additional 671 shares during the period. Finally, BIP Wealth LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 6.8% during the 4th quarter. BIP Wealth LLC now owns 37,798 shares of the company’s stock worth $6,441,000 after purchasing an additional 2,393 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.2 %

Shares of NYSEARCA:VIG traded down $0.36 during mid-day trading on Thursday, reaching $176.55. The company had a trading volume of 607,382 shares, compared to its average volume of 1,018,975. The company’s 50-day moving average price is $178.48 and its 200-day moving average price is $169.99. Vanguard Dividend Appreciation ETF has a one year low of $149.67 and a one year high of $183.52. The firm has a market cap of $76.33 billion, a price-to-earnings ratio of 24.56 and a beta of 0.80.

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.