Parallel Advisors LLC Decreases Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Parallel Advisors LLC cut its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 57,761 shares of the company’s stock after selling 241 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $11,205,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Lowe Wealth Advisors LLC raised its stake in Vanguard Dividend Appreciation ETF by 30.3% during the 1st quarter. Lowe Wealth Advisors LLC now owns 3,310 shares of the company’s stock valued at $642,000 after buying an additional 770 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 36,358.6% in the 1st quarter. GAMMA Investing LLC now owns 589,536 shares of the company’s stock worth $114,364,000 after purchasing an additional 587,919 shares in the last quarter. Howard Financial Services LTD. increased its stake in shares of Vanguard Dividend Appreciation ETF by 1.6% in the 1st quarter. Howard Financial Services LTD. now owns 185,818 shares of the company’s stock worth $36,047,000 after purchasing an additional 2,894 shares in the last quarter. FC Advisory LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 1.8% in the 1st quarter. FC Advisory LLC now owns 11,042 shares of the company’s stock worth $2,142,000 after purchasing an additional 193 shares in the last quarter. Finally, Bath Savings Trust Co increased its stake in shares of Vanguard Dividend Appreciation ETF by 4.7% in the 1st quarter. Bath Savings Trust Co now owns 11,776 shares of the company’s stock worth $2,284,000 after purchasing an additional 525 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA:VIG opened at $197.34 on Friday. The firm has a market capitalization of $89.20 billion, a price-to-earnings ratio of 24.18 and a beta of 0.87. Vanguard Dividend Appreciation ETF has a one year low of $169.32 and a one year high of $205.24. The business has a fifty day moving average price of $190.15 and a 200-day moving average price of $196.46.

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.