Ferguson Wellman Capital Management Inc. Cuts Stake in Vanguard Dividend Appreciation ETF $VIG

Ferguson Wellman Capital Management Inc. lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 57.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,993 shares of the company’s stock after selling 12,344 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $1,976,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Clear Investment Research LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter valued at approximately $38,000. Washington Trust Advisors Inc. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 46.9% in the 3rd quarter. Washington Trust Advisors Inc. now owns 188 shares of the company’s stock worth $40,000 after purchasing an additional 60 shares during the period. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth approximately $45,000. Delta Asset Management LLC TN purchased a new position in Vanguard Dividend Appreciation ETF in the third quarter valued at approximately $48,000. Finally, Ulland Investment Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF in the third quarter valued at approximately $52,000.

Vanguard Dividend Appreciation ETF Trading Up 0.4%

Shares of NYSEARCA VIG opened at $216.19 on Thursday. The stock has a fifty day simple moving average of $223.78 and a two-hundred day simple moving average of $220.33. Vanguard Dividend Appreciation ETF has a 1-year low of $169.32 and a 1-year high of $230.53. The firm has a market cap of $100.31 billion, a price-to-earnings ratio of 23.32 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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.