Stockman Wealth Management Inc. Decreases Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Stockman Wealth Management Inc. trimmed its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,574 shares of the company’s stock after selling 99 shares during the quarter. Stockman Wealth Management Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $312,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VIG. Family Firm Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $25,000. Eagle Bay Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the 1st quarter valued at $26,000. 1620 Investment Advisors Inc. bought a new stake in Vanguard Dividend Appreciation ETF in the second quarter worth $26,000. FPC Investment Advisory Inc. purchased a new position in Vanguard Dividend Appreciation ETF during the first quarter worth $30,000. Finally, Providence Capital Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF during the second quarter valued at $33,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of Vanguard Dividend Appreciation ETF stock traded up $1.32 during trading on Friday, hitting $203.07. The stock had a trading volume of 919,862 shares, compared to its average volume of 821,774. Vanguard Dividend Appreciation ETF has a 12 month low of $156.79 and a 12 month high of $203.72. The firm’s fifty day simple moving average is $197.20 and its 200-day simple moving average is $188.91. The stock has a market cap of $87.79 billion, a PE 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.