Madison Wealth Partners Inc Trims Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Madison Wealth Partners Inc lowered its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,745 shares of the company’s stock after selling 198 shares during the period. Vanguard Dividend Appreciation ETF comprises approximately 1.2% of Madison Wealth Partners Inc’s holdings, making the stock its 16th largest position. Madison Wealth Partners Inc’s holdings in Vanguard Dividend Appreciation ETF were worth $4,454,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VIG. Wealthfront Advisers LLC lifted its stake in Vanguard Dividend Appreciation ETF by 284.3% in the fourth quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock valued at $5,134,878,000 after buying an additional 19,397,896 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 21,353.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after purchasing an additional 11,312,895 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $1,024,119,000. Proficio Capital Partners LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 20,620.9% in the fourth quarter. Proficio Capital Partners LLC now owns 2,547,430 shares of the company’s stock valued at $498,863,000 after purchasing an additional 2,535,136 shares during the period. Finally, Independent Advisor Alliance lifted its holdings in Vanguard Dividend Appreciation ETF by 19,950.5% in the fourth quarter. Independent Advisor Alliance now owns 397,601 shares of the company’s stock valued at $77,862,000 after acquiring an additional 395,618 shares during the period.

Vanguard Dividend Appreciation ETF Stock Down 0.6 %

NYSEARCA:VIG opened at $192.17 on Thursday. The firm’s fifty day simple moving average is $200.09 and its 200-day simple moving average is $199.02. The stock has a market cap of $85.16 billion, a PE 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 Company 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.