Graypoint LLC Sells 1,545 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Graypoint LLC cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 8.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,390 shares of the company’s stock after selling 1,545 shares during the period. Graypoint LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,210,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in VIG. Atomi Financial Group Inc. increased its stake in Vanguard Dividend Appreciation ETF by 2.3% during the third quarter. Atomi Financial Group Inc. now owns 10,731 shares of the company’s stock valued at $2,125,000 after acquiring an additional 244 shares during the period. Founders Financial Alliance LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 1.9% during the second quarter. Founders Financial Alliance LLC now owns 7,840 shares of the company’s stock valued at $1,431,000 after purchasing an additional 148 shares during the period. Independent Family Office LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 7.7% in the third quarter. Independent Family Office LLC now owns 30,142 shares of the company’s stock valued at $5,938,000 after purchasing an additional 2,164 shares in the last quarter. Millennium Management LLC lifted its position in Vanguard Dividend Appreciation ETF by 251.0% in the second quarter. Millennium Management LLC now owns 22,589 shares of the company’s stock worth $4,124,000 after purchasing an additional 16,153 shares during the period. Finally, Ridgewood Investments LLC boosted its stake in Vanguard Dividend Appreciation ETF by 12.4% during the third quarter. Ridgewood Investments LLC now owns 4,602 shares of the company’s stock worth $911,000 after buying an additional 508 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock traded down $2.97 during mid-day trading on Friday, reaching $192.84. The company’s stock had a trading volume of 1,787,955 shares, compared to its average volume of 1,175,512. The firm’s 50-day moving average is $199.80 and its two-hundred day moving average is $194.69. The company has a market cap of $83.37 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1-year low of $168.65 and a 1-year high of $205.20.

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.