Ropes Wealth Advisors LLC Has $975,000 Stake in Vanguard Dividend Appreciation ETF (VIG)

Ropes Wealth Advisors LLC reduced its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 13.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,894 shares of the company’s stock after selling 1,393 shares during the period. Ropes Wealth Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $975,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VIG. Larson Financial Group LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $26,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $31,000. Delta Asset Management LLC TN acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $34,000. Liberty Wealth Management LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $46,000. Finally, QCI Asset Management Inc. NY raised its stake in shares of Vanguard Dividend Appreciation ETF by 37.8% in the fourth quarter. QCI Asset Management Inc. NY now owns 641 shares of the company’s stock valued at $63,000 after acquiring an additional 176 shares in the last quarter.

Shares of NYSEARCA VIG traded up $0.05 during mid-day trading on Monday, hitting $111.83. The company had a trading volume of 21,318 shares, compared to its average volume of 1,027,255. Vanguard Dividend Appreciation ETF has a 1-year low of $91.68 and a 1-year high of $112.61.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Friday, March 29th were paid a $0.5097 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend was Thursday, March 28th.

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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.

Further Reading: Compound Interest and Why It Matters When Investing

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Institutional Ownership by Quarter for Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

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