Seven Springs Wealth Group LLC Cuts Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Seven Springs Wealth Group LLC cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,041 shares of the company’s stock after selling 97 shares during the period. Vanguard Dividend Appreciation ETF comprises about 2.0% of Seven Springs Wealth Group LLC’s holdings, making the stock its 14th largest holding. Seven Springs Wealth Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $5,491,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealthfront Advisers LLC raised its position in Vanguard Dividend Appreciation ETF by 284.3% in the 4th quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock valued at $5,134,878,000 after purchasing an additional 19,397,896 shares during the last quarter. Strategic Financial Concepts LLC increased its position in Vanguard Dividend Appreciation ETF by 21,353.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after acquiring an additional 11,312,895 shares during the period. Raymond James Financial Inc. purchased a new stake in Vanguard Dividend Appreciation ETF during the 4th quarter valued at approximately $1,024,119,000. Proficio Capital Partners LLC lifted its position in Vanguard Dividend Appreciation ETF by 20,620.9% during the 4th quarter. Proficio Capital Partners LLC now owns 2,547,430 shares of the company’s stock worth $498,863,000 after acquiring an additional 2,535,136 shares during the period. Finally, Prudential Financial Inc. grew its stake in shares of Vanguard Dividend Appreciation ETF by 7,822.0% in the 4th quarter. Prudential Financial Inc. now owns 1,604,684 shares of the company’s stock valued at $314,245,000 after purchasing an additional 1,584,428 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA:VIG opened at $185.83 on Thursday. Vanguard Dividend Appreciation ETF has a 12 month low of $169.32 and a 12 month high of $205.24. The firm has a market capitalization of $83.59 billion, a price-to-earnings ratio of 22.55 and a beta of 0.86. The business’s 50 day simple moving average is $192.42 and its 200-day simple moving average is $197.31.

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.