Connecticut Wealth Management LLC Cuts Stock Holdings in Vanguard Dividend Appreciation ETF $VIG

Connecticut Wealth Management LLC lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 190,049 shares of the company’s stock after selling 3,686 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for about 1.8% of Connecticut Wealth Management LLC’s portfolio, making the stock its 12th largest position. Connecticut Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $41,769,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of VIG. Investment Research & Advisory Group Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $31,000. Eagle Bay Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $31,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $31,000. Garner Asset Management Corp acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $35,000. Finally, Murphy & Mullick Capital Management Corp raised its holdings in shares of Vanguard Dividend Appreciation ETF by 158.7% in the 4th quarter. Murphy & Mullick Capital Management Corp now owns 163 shares of the company’s stock valued at $36,000 after purchasing an additional 100 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 1.2%

Shares of VIG opened at $234.48 on Friday. Vanguard Dividend Appreciation ETF has a twelve month low of $198.37 and a twelve month high of $236.71. The firm’s fifty day simple moving average is $228.10 and its 200-day simple moving average is $224.43. The firm has a market capitalization of $108.21 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

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.