Pointe Capital Management LLC Sells 153 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Pointe Capital Management LLC reduced its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,456 shares of the company’s stock after selling 153 shares during the quarter. Pointe Capital Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $288,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Family Firm Inc. bought a new position in Vanguard Dividend Appreciation ETF in the second quarter valued at about $25,000. Eagle Bay Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF in the first quarter valued at about $26,000. 1620 Investment Advisors Inc. bought a new position in Vanguard Dividend Appreciation ETF in the second quarter valued at about $26,000. FPC Investment Advisory Inc. bought a new position in Vanguard Dividend Appreciation ETF in the first quarter valued at about $30,000. Finally, Providence Capital Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF in the second quarter valued at about $33,000.

Vanguard Dividend Appreciation ETF Stock Down 0.5 %

Vanguard Dividend Appreciation ETF stock traded down $1.03 during trading hours on Friday, hitting $196.89. The stock had a trading volume of 564,285 shares, compared to its average volume of 823,637. The stock has a market cap of $85.12 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a one year low of $149.67 and a one year high of $201.85. The business’s 50 day simple moving average is $196.30 and its 200-day simple moving average is $187.33.

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.