Brightwater Advisory LLC Sells 813 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Brightwater Advisory LLC decreased its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,507 shares of the company’s stock after selling 813 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for about 5.0% of Brightwater Advisory LLC’s portfolio, making the stock its 5th largest holding. Brightwater Advisory LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $6,834,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. RFG Advisory LLC grew its stake in Vanguard Dividend Appreciation ETF by 15.2% during the first quarter. RFG Advisory LLC now owns 13,555 shares of the company’s stock worth $2,475,000 after buying an additional 1,784 shares in the last quarter. QRG Capital Management Inc. boosted its position in shares of Vanguard Dividend Appreciation ETF by 2.0% during the 2nd quarter. QRG Capital Management Inc. now owns 4,784 shares of the company’s stock worth $873,000 after acquiring an additional 93 shares in the last quarter. Red Mountain Financial LLC acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $1,302,000. Goelzer Investment Management Inc. bought a new stake in Vanguard Dividend Appreciation ETF during the first quarter worth $345,000. Finally, Icon Wealth Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at $515,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of Vanguard Dividend Appreciation ETF stock traded up $1.18 during trading on Wednesday, reaching $198.00. 180,456 shares of the company’s stock were exchanged, compared to its average volume of 832,815. Vanguard Dividend Appreciation ETF has a 1-year low of $149.67 and a 1-year high of $198.44. The company has a market cap of $85.60 billion, a P/E ratio of 24.54 and a beta of 0.78. The firm’s 50-day moving average price is $192.89 and its 200 day moving average price is $185.63.

Vanguard Dividend Appreciation ETF Company 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.