Tortoise Investment Management LLC Cuts Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Tortoise Investment Management LLC trimmed its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 11.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,554 shares of the company’s stock after selling 210 shares during the quarter. Tortoise Investment Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $304,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 21,353.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock worth $2,225,779,000 after buying an additional 11,312,895 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth about $1,024,119,000. Proficio Capital Partners LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 20,620.9% in the 4th quarter. Proficio Capital Partners LLC now owns 2,547,430 shares of the company’s stock worth $498,863,000 after buying an additional 2,535,136 shares during the last quarter. Independent Advisor Alliance boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 19,950.5% in the 4th quarter. Independent Advisor Alliance now owns 397,601 shares of the company’s stock worth $77,862,000 after buying an additional 395,618 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 5.7% in the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after buying an additional 314,952 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA:VIG opened at $196.09 on Tuesday. The company’s 50-day moving average is $200.22 and its 200 day moving average is $199.07. The company has a market capitalization of $86.90 billion, a P/E ratio of 25.31 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a fifty-two week low of $173.17 and a fifty-two week high of $205.24.

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.