Royal Bank of Canada Trims Stock Position in Vanguard Dividend Appreciation ETF $VIG

Royal Bank of Canada cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,141,560 shares of the company’s stock after selling 17,619 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard Dividend Appreciation ETF were worth $890,683,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VIG. Carrera Capital Advisors bought a new position in Vanguard Dividend Appreciation ETF during the 4th quarter valued at approximately $573,000. Amara Financial LLC. grew its stake in shares of Vanguard Dividend Appreciation ETF by 8.7% in the fourth quarter. Amara Financial LLC. now owns 97,959 shares of the company’s stock worth $21,529,000 after acquiring an additional 7,858 shares during the last quarter. GEN Financial Management INC. grew its stake in shares of Vanguard Dividend Appreciation ETF by 25.9% in the fourth quarter. GEN Financial Management INC. now owns 113,422 shares of the company’s stock worth $24,928,000 after acquiring an additional 23,342 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 62.2% during the fourth quarter. Farther Finance Advisors LLC now owns 139,357 shares of the company’s stock valued at $30,628,000 after acquiring an additional 53,466 shares in the last quarter. Finally, Leo Wealth LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 8.2% in the 4th quarter. Leo Wealth LLC now owns 38,527 shares of the company’s stock worth $8,467,000 after purchasing an additional 2,914 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $241.74 on Wednesday. The company has a market capitalization of $112.50 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. Vanguard Dividend Appreciation ETF has a one year low of $203.17 and a one year high of $242.58. The company’s 50-day moving average is $235.93 and its 200 day moving average is $228.11.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.