Vanguard Dividend Appreciation ETF $VIG Stake Reduced by Arrowroot Family Office LLC

Arrowroot Family Office LLC lowered its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 19.4% during the fourth quarter, HoldingsChannel reports. The firm owned 16,996 shares of the company’s stock after selling 4,093 shares during the period. Vanguard Dividend Appreciation ETF accounts for approximately 1.4% of Arrowroot Family Office LLC’s holdings, making the stock its 22nd biggest position. Arrowroot Family Office LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,735,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in 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 purchasing an additional 130,639 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in 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 purchasing an additional 287,085 shares during the last quarter. HB Wealth Management LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 3.5% during the fourth quarter. HB Wealth Management LLC now owns 5,705,891 shares of the company’s stock worth $1,241,058,000 after buying an additional 194,577 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 0.7% during the second quarter. Raymond James Financial Inc. now owns 5,364,287 shares of the company’s stock worth $1,097,908,000 after buying an additional 34,896 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 1.0% during the second quarter. Ameriprise Financial Inc. now owns 2,521,844 shares of the company’s stock worth $515,621,000 after buying an additional 25,866 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 1.4%

Shares of VIG stock opened at $233.28 on Friday. Vanguard Dividend Appreciation ETF has a 12 month low of $198.37 and a 12 month high of $236.71. The firm has a market cap of $107.66 billion, a PE ratio of 23.32 and a beta of 0.82. The stock has a 50 day moving average of $226.44 and a 200-day moving average of $223.83.

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.