Gallacher Capital Management LLC Reduces Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Gallacher Capital Management LLC lowered its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,748 shares of the company’s stock after selling 815 shares during the period. Vanguard Dividend Appreciation ETF accounts for 0.6% of Gallacher Capital Management LLC’s investment portfolio, making the stock its 26th biggest position. Gallacher Capital Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,150,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VIG. Strategic Investment Advisors MI purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the third quarter valued at $205,000. Cutler Investment Counsel LLC grew its position in Vanguard Dividend Appreciation ETF by 1.7% during the third quarter. Cutler Investment Counsel LLC now owns 18,144 shares of the company’s stock valued at $2,833,000 after acquiring an additional 308 shares during the period. Concord Wealth Partners grew its position in Vanguard Dividend Appreciation ETF by 87.7% during the third quarter. Concord Wealth Partners now owns 1,393 shares of the company’s stock valued at $216,000 after acquiring an additional 651 shares during the period. JB Capital LLC grew its position in Vanguard Dividend Appreciation ETF by 3.1% during the third quarter. JB Capital LLC now owns 3,071 shares of the company’s stock valued at $477,000 after acquiring an additional 91 shares during the period. Finally, ETF Store Inc. grew its position in Vanguard Dividend Appreciation ETF by 7.5% during the third quarter. ETF Store Inc. now owns 2,765 shares of the company’s stock valued at $432,000 after acquiring an additional 194 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

VIG stock traded up $1.72 during trading on Friday, reaching $176.94. 675,025 shares of the stock traded hands, compared to its average volume of 995,284. The business’s 50 day moving average price is $178.40 and its 200-day moving average price is $171.00. Vanguard Dividend Appreciation ETF has a 52-week low of $149.67 and a 52-week high of $183.52. The firm has a market capitalization of $76.49 billion, a PE ratio of 24.54 and a beta of 0.78.

Vanguard Dividend Appreciation ETF 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.