Northwestern Mutual Wealth Management Co. Sells 1,577,625 Shares of Vanguard Dividend Appreciation ETF $VIG

Northwestern Mutual Wealth Management Co. trimmed its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 97.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,222 shares of the company’s stock after selling 1,577,625 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Dividend Appreciation ETF were worth $9,939,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock worth $2,349,602,000 after acquiring an additional 130,639 shares in the last quarter. Wealthfront Advisers LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 3.0% in the 4th quarter. Wealthfront Advisers LLC now owns 9,879,191 shares of the company’s stock worth $2,171,249,000 after acquiring an additional 287,085 shares in the last quarter. HB Wealth Management LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 3.5% in the 4th quarter. HB Wealth Management LLC now owns 5,705,891 shares of the company’s stock worth $1,241,058,000 after acquiring an additional 194,577 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 0.7% in the 2nd quarter. Raymond James Financial Inc. now owns 5,364,287 shares of the company’s stock worth $1,097,908,000 after acquiring an additional 34,896 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 1.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,521,844 shares of the company’s stock worth $515,621,000 after acquiring an additional 25,866 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $231.05 on Friday. The company has a 50-day moving average of $222.60 and a 200 day moving average of $222.54. The firm has a market cap of $106.63 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. Vanguard Dividend Appreciation ETF has a 1 year low of $193.01 and a 1 year high of $231.32.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.