Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Short Interest Down 58.0% in January

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 185,363 shares, a decline of 58.0% from the December 31st total of 441,549 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,802,122 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 1,802,122 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Vanguard Dividend Appreciation ETF Stock Up 0.2%

VIG traded up $0.39 on Thursday, hitting $224.31. 2,056,953 shares of the company traded hands, compared to its average volume of 1,817,654. The company has a 50 day moving average of $221.91 and a 200-day moving average of $216.08. Vanguard Dividend Appreciation ETF has a 12-month low of $169.32 and a 12-month high of $225.97. The stock has a market capitalization of $104.08 billion, a PE ratio of 23.32 and a beta of 0.85.

Institutional Investors Weigh In On Vanguard Dividend Appreciation ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC grew its holdings in Vanguard Dividend Appreciation ETF by 20,718.4% during the second quarter. Laurel Wealth Advisors LLC now owns 35,551,585 shares of the company’s stock worth $7,276,343,000 after purchasing an additional 35,380,815 shares during the period. Vanguard Group Inc. grew its position in Vanguard Dividend Appreciation ETF by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock worth $2,349,602,000 after buying an additional 130,639 shares in the last quarter. Wealthfront Advisers LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 5.5% during the 3rd quarter. Wealthfront Advisers LLC now owns 9,592,106 shares of the company’s stock valued at $2,069,881,000 after acquiring an additional 502,464 shares during the period. HB Wealth Management LLC raised its stake in Vanguard Dividend Appreciation ETF by 3.5% in the fourth quarter. HB Wealth Management LLC now owns 5,705,891 shares of the company’s stock valued at $1,241,058,000 after purchasing an additional 194,577 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in Vanguard Dividend Appreciation ETF by 0.7% during the second quarter. Raymond James Financial Inc. now owns 5,364,287 shares of the company’s stock worth $1,097,908,000 after purchasing an additional 34,896 shares during the period.

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