Firestone Capital Management Sells 1,156 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Firestone Capital Management lowered its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 154,368 shares of the company’s stock after selling 1,156 shares during the quarter. Vanguard Dividend Appreciation ETF comprises about 8.1% of Firestone Capital Management’s investment portfolio, making the stock its biggest position. Firestone Capital Management’s holdings in Vanguard Dividend Appreciation ETF were worth $26,304,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VIG. International Assets Investment Management LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at $345,621,000. HB Wealth Management LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 7.1% during the fourth quarter. HB Wealth Management LLC now owns 3,847,028 shares of the company’s stock valued at $655,534,000 after acquiring an additional 254,175 shares during the period. Confluence Wealth Services Inc. lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 155.7% during the fourth quarter. Confluence Wealth Services Inc. now owns 398,995 shares of the company’s stock valued at $67,989,000 after acquiring an additional 242,983 shares during the period. Creative Planning lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 24.7% during the third quarter. Creative Planning now owns 971,389 shares of the company’s stock valued at $150,934,000 after acquiring an additional 192,408 shares during the period. Finally, Morgan Stanley lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 1.7% during the third quarter. Morgan Stanley now owns 11,325,386 shares of the company’s stock valued at $1,759,739,000 after acquiring an additional 190,258 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA VIG traded down $2.13 during midday trading on Tuesday, reaching $175.07. 582,021 shares of the company traded hands, compared to its average volume of 1,006,983. The stock’s 50-day simple moving average is $178.54 and its 200-day simple moving average is $170.47. Vanguard Dividend Appreciation ETF has a 12 month low of $149.67 and a 12 month high of $183.52. The firm has a market cap of $75.69 billion, a PE ratio of 24.56 and a beta of 0.80.

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.