Gimbal Financial Decreases Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Gimbal Financial lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 17.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,803 shares of the company’s stock after selling 584 shares during the period. Vanguard Dividend Appreciation ETF comprises about 0.5% of Gimbal Financial’s portfolio, making the stock its 21st biggest position. Gimbal Financial’s holdings in Vanguard Dividend Appreciation ETF were worth $549,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the third quarter valued at about $29,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $38,000. Bank of New Hampshire raised its position in shares of Vanguard Dividend Appreciation ETF by 244.4% in the fourth quarter. Bank of New Hampshire now owns 217 shares of the company’s stock valued at $42,000 after buying an additional 154 shares during the last quarter. Bangor Savings Bank raised its position in shares of Vanguard Dividend Appreciation ETF by 41.0% in the fourth quarter. Bangor Savings Bank now owns 220 shares of the company’s stock valued at $43,000 after buying an additional 64 shares during the last quarter. Finally, Creative Capital Management Investments LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $45,000.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA:VIG opened at $204.30 on Wednesday. The firm has a 50 day simple moving average of $199.67 and a 200-day simple moving average of $197.78. The firm has a market cap of $88.32 billion, a PE ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1-year low of $173.17 and a 1-year high of $205.20.

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.