Bessemer Group Inc. decreased its holdings in the Vanguard Dividend Appreciation ETF (NYSEARCA: VIG) during the third quarter, selling 9,393 shares. Following this transaction, the company held 44,021 shares of the ETF, as reported in its latest Form 13F filing with the Securities and Exchange Commission.
The reduction reflects a strategic adjustment in Bessemer Group Inc.’s portfolio during the quarter, though the firm continues to maintain a significant position in the ETF.
**Why this matters**
Changes in institutional holdings can signal shifts in investment strategies or market outlooks. Monitoring such transactions provides insight into how major investors are positioning themselves in dividend-focused ETFs like Vanguard Dividend Appreciation ETF.
Source: NewsData