Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Shares Sold by Connecticut Wealth Management LLC

Connecticut Wealth Management LLC reduced its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,231 shares of the company’s stock after selling 2,636 shares during the period. Vanguard Dividend Appreciation ETF makes up about 1.9% of Connecticut Wealth Management LLC’s investment portfolio, making the stock its 12th biggest holding. Connecticut Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $36,187,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in VIG. Strategic Financial Concepts LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 33,295.6% in the second quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock valued at $1,601,882,000 after buying an additional 8,748,758 shares in the last quarter. Vanguard Group Inc. grew its position in Vanguard Dividend Appreciation ETF by 5.7% in the first quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock valued at $1,576,895,000 after acquiring an additional 466,457 shares in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 3.4% during the second quarter. LPL Financial LLC now owns 5,493,858 shares of the company’s stock valued at $1,002,904,000 after purchasing an additional 178,692 shares during the period. HB Wealth Management LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 4.5% during the second quarter. HB Wealth Management LLC now owns 4,658,585 shares of the company’s stock worth $850,425,000 after purchasing an additional 199,355 shares in the last quarter. Finally, Evoke Wealth LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 2,347.2% in the fourth quarter. Evoke Wealth LLC now owns 3,039,793 shares of the company’s stock valued at $517,981,000 after purchasing an additional 2,915,578 shares during the period.

Vanguard Dividend Appreciation ETF Trading Down 0.1 %

VIG opened at $197.57 on Friday. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $198.44. The firm has a market cap of $85.41 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The company has a fifty day simple moving average of $190.73 and a 200 day simple moving average of $184.12.

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.