Fairhaven Wealth Management LLC Decreases Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Fairhaven Wealth Management LLC trimmed its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 57.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,487 shares of the company’s stock after selling 13,016 shares during the quarter. Fairhaven Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,732,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Oliver Luxxe Assets LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 0.5% in the 4th quarter. Oliver Luxxe Assets LLC now owns 12,945 shares of the company’s stock valued at $2,206,000 after acquiring an additional 58 shares during the period. Reynders McVeigh Capital Management LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 0.5% in the fourth quarter. Reynders McVeigh Capital Management LLC now owns 12,474 shares of the company’s stock worth $2,126,000 after purchasing an additional 60 shares during the last quarter. BCS Wealth Management lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 2.3% during the fourth quarter. BCS Wealth Management now owns 2,763 shares of the company’s stock worth $471,000 after purchasing an additional 61 shares during the period. AdvisorNet Financial Inc boosted its position in Vanguard Dividend Appreciation ETF by 2.5% in the fourth quarter. AdvisorNet Financial Inc now owns 2,526 shares of the company’s stock valued at $430,000 after buying an additional 61 shares during the last quarter. Finally, North Star Asset Management Inc. increased its holdings in Vanguard Dividend Appreciation ETF by 0.6% in the 4th quarter. North Star Asset Management Inc. now owns 10,880 shares of the company’s stock worth $1,854,000 after buying an additional 62 shares during the period.

Vanguard Dividend Appreciation ETF Trading Up 0.3 %

NYSEARCA VIG traded up $0.52 on Friday, hitting $183.99. 775,030 shares of the company’s stock traded hands, compared to its average volume of 912,342. The firm has a market capitalization of $79.54 billion, a PE ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1-year low of $149.67 and a 1-year high of $186.30. The firm’s 50-day moving average price is $181.62 and its two-hundred day moving average price is $177.55.

Vanguard Dividend Appreciation ETF Company 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.