Northwestern Mutual Wealth Management Co. Sells 67,670 Shares of Vanguard Dividend Appreciation ETF $VIG

Northwestern Mutual Wealth Management Co. decreased its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.3% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,519,922 shares of the company’s stock after selling 67,670 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.33% of Vanguard Dividend Appreciation ETF worth $359,644,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Van Den Berg Management I Inc. increased its holdings in shares of Vanguard Dividend Appreciation ETF by 1.3% in the second quarter. Van Den Berg Management I Inc. now owns 4,115 shares of the company’s stock worth $974,000 after buying an additional 53 shares during the period. Hollencrest Capital Management grew its position in Vanguard Dividend Appreciation ETF by 0.4% during the 2nd quarter. Hollencrest Capital Management now owns 37,649 shares of the company’s stock worth $8,909,000 after acquiring an additional 156 shares during the last quarter. First Bancorp Inc ME bought a new position in Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $928,000. Compass Financial Management LLC bought a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at approximately $7,294,000. Finally, Trust Co. of Vermont purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the second quarter valued at approximately $1,708,000.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $242.07 on Tuesday. Vanguard Dividend Appreciation ETF has a fifty-two week low of $208.73 and a fifty-two week high of $247.45. The firm has a market cap of $112.65 billion, a PE ratio of 23.32 and a beta of 0.81. The business has a 50 day moving average price of $240.44 and a 200-day moving average price of $231.23.

Vanguard Dividend Appreciation ETF 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.