Cherry Tree Wealth Management LLC Cuts Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cherry Tree Wealth Management LLC cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 7.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,493 shares of the company’s stock after selling 205 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $488,000 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 VIG. Alpha Financial Partners LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter valued at $3,597,000. Silver Oak Securities Incorporated increased its holdings in shares of Vanguard Dividend Appreciation ETF by 67.4% in the 3rd quarter. Silver Oak Securities Incorporated now owns 2,138 shares of the company’s stock valued at $422,000 after acquiring an additional 861 shares during the period. Highland Capital Management LLC grew its stake in Vanguard Dividend Appreciation ETF by 7.8% during the 3rd quarter. Highland Capital Management LLC now owns 4,431 shares of the company’s stock worth $878,000 after buying an additional 322 shares during the last quarter. Parcion Private Wealth LLC purchased a new position in Vanguard Dividend Appreciation ETF during the 3rd quarter worth $276,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in Vanguard Dividend Appreciation ETF by 95.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 51,580 shares of the company’s stock worth $10,176,000 after buying an additional 25,169 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock opened at $201.98 on Monday. Vanguard Dividend Appreciation ETF has a 1-year low of $173.17 and a 1-year high of $205.24. The stock’s fifty day moving average price is $199.82 and its 200 day moving average price is $198.23. The company has a market cap of $87.32 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.