Chemical Bank trimmed its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 34.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,353 shares of the company’s stock after selling 7,962 shares during the quarter. Chemical Bank’s holdings in Vanguard Dividend Appreciation ETF were worth $1,566,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in VIG. Krilogy Financial LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 226.6% in the third quarter. Krilogy Financial LLC now owns 1,156 shares of the company’s stock valued at $110,000 after buying an additional 802 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the third quarter valued at about $121,000. Virtue Capital Management LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $121,000. Telemus Capital LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $122,000. Finally, Resources Investment Advisors Inc. grew its stake in shares of Vanguard Dividend Appreciation ETF by 1,088.3% in the fourth quarter. Resources Investment Advisors Inc. now owns 19,179 shares of the company’s stock valued at $163,000 after buying an additional 17,565 shares in the last quarter.
Shares of VIG stock traded down $0.20 during trading hours on Friday, reaching $100.90. The company had a trading volume of 673,841 shares, compared to its average volume of 973,372. Vanguard Dividend Appreciation ETF has a twelve month low of $88.82 and a twelve month high of $108.99.
The business also recently announced a quarterly dividend, which was paid on Thursday, March 29th. Stockholders of record on Tuesday, March 27th were paid a $0.3967 dividend. The ex-dividend date was Monday, March 26th. This represents a $1.59 dividend on an annualized basis and a dividend yield of 1.57%.
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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.
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