Buttonwood Financial Advisors Inc. Trims Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Buttonwood Financial Advisors Inc. decreased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,200 shares of the company’s stock after selling 755 shares during the quarter. Vanguard Dividend Appreciation ETF makes up 1.6% of Buttonwood Financial Advisors Inc.’s portfolio, making the stock its 18th biggest position. Buttonwood Financial Advisors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $3,564,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Sanctuary Advisors LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at approximately $73,967,000. LPL Financial LLC increased its holdings in Vanguard Dividend Appreciation ETF by 5.7% during the third quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock valued at $1,150,493,000 after buying an additional 314,952 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 28.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock valued at $237,643,000 after buying an additional 264,483 shares in the last quarter. Mesirow Financial Investment Management Inc. raised its stake in Vanguard Dividend Appreciation ETF by 108.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock valued at $68,381,000 after buying an additional 179,441 shares during the last quarter. Finally, Raymond James & Associates lifted its stake in shares of Vanguard Dividend Appreciation ETF by 5.1% during the third quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock worth $732,612,000 after buying an additional 178,450 shares during the period.

Vanguard Dividend Appreciation ETF Stock Down 0.1 %

Shares of VIG opened at $202.27 on Monday. Vanguard Dividend Appreciation ETF has a 52 week low of $172.30 and a 52 week high of $205.20. The stock’s 50-day moving average price is $199.51 and its 200-day moving average price is $195.98. The company has a market capitalization of $87.45 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.