Northwestern Mutual Wealth Management Co. Decreases Stock Holdings in Vanguard Dividend Appreciation ETF $VIG

Northwestern Mutual Wealth Management Co. trimmed its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,576,329 shares of the company’s stock after selling 46,518 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Dividend Appreciation ETF were worth $346,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Moors & Cabot Inc. raised its position in shares of Vanguard Dividend Appreciation ETF by 5.7% during the 4th quarter. Moors & Cabot Inc. now owns 41,459 shares of the company’s stock valued at $9,112,000 after buying an additional 2,252 shares in the last quarter. Investment Partners LTD. raised its position in shares of Vanguard Dividend Appreciation ETF by 0.9% during the 4th quarter. Investment Partners LTD. now owns 30,528 shares of the company’s stock valued at $6,709,000 after buying an additional 261 shares in the last quarter. Novak & Powell Financial Services Inc. raised its position in shares of Vanguard Dividend Appreciation ETF by 2.0% during the 4th quarter. Novak & Powell Financial Services Inc. now owns 18,887 shares of the company’s stock valued at $4,151,000 after buying an additional 369 shares in the last quarter. Foundations Investment Advisors LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 51.1% during the 4th quarter. Foundations Investment Advisors LLC now owns 21,013 shares of the company’s stock valued at $4,618,000 after buying an additional 7,110 shares in the last quarter. Finally, Baker Avenue Asset Management LP raised its position in shares of Vanguard Dividend Appreciation ETF by 27.2% during the 4th quarter. Baker Avenue Asset Management LP now owns 3,216 shares of the company’s stock valued at $707,000 after buying an additional 688 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.4%

Shares of NYSEARCA VIG opened at $233.88 on Friday. The firm’s 50-day moving average price is $224.03 and its 200-day moving average price is $223.16. Vanguard Dividend Appreciation ETF has a 12-month low of $195.95 and a 12-month high of $234.24. The stock has a market capitalization of $107.93 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

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.