Mount Yale Investment Advisors LLC Lowers Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Mount Yale Investment Advisors LLC reduced its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 18.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,721 shares of the company’s stock after selling 1,088 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $862,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VIG. Strategic Financial Concepts LLC lifted its position in Vanguard Dividend Appreciation ETF by 33,295.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock worth $1,601,882,000 after buying an additional 8,748,758 shares during the last quarter. Evoke Wealth LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 2,347.2% during the fourth quarter. Evoke Wealth LLC now owns 3,039,793 shares of the company’s stock worth $517,981,000 after purchasing an additional 2,915,578 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 505.7% during the first quarter. Cetera Investment Advisers now owns 813,293 shares of the company’s stock worth $148,515,000 after purchasing an additional 679,010 shares during the period. HB Wealth Management LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 15.9% in the 1st quarter. HB Wealth Management LLC now owns 4,459,230 shares of the company’s stock worth $814,295,000 after buying an additional 612,202 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 5.7% during 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.

Vanguard Dividend Appreciation ETF Stock Up 0.4 %

NYSEARCA:VIG opened at $198.28 on Tuesday. The firm’s fifty day simple moving average is $190.94 and its 200 day simple moving average is $184.34. The stock has a market cap of $85.72 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $198.44.

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.