Detalus Advisors LLC Cuts Stock Position in Vanguard Dividend Appreciation ETF $VIG

Detalus Advisors LLC cut its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,789 shares of the company’s stock after selling 353 shares during the quarter. Vanguard Dividend Appreciation ETF makes up 1.8% of Detalus Advisors LLC’s portfolio, making the stock its 9th largest position. Detalus Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $6,097,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in Vanguard Dividend Appreciation ETF by 4.6% during the first quarter. Vanguard Group Inc. now owns 10,160,433 shares of the company’s stock worth $1,971,022,000 after acquiring an additional 451,169 shares in the last quarter. Wealthfront Advisers LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 10.8% during the 1st quarter. Wealthfront Advisers LLC now owns 7,603,273 shares of the company’s stock worth $1,474,959,000 after purchasing an additional 738,441 shares in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 4.5% during the 1st quarter. LPL Financial LLC now owns 6,285,425 shares of the company’s stock worth $1,219,309,000 after purchasing an additional 269,131 shares in the last quarter. HB Wealth Management LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 9.9% during the 1st quarter. HB Wealth Management LLC now owns 5,349,243 shares of the company’s stock worth $1,027,305,000 after purchasing an additional 480,314 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of Vanguard Dividend Appreciation ETF by 1.9% during the 1st quarter. Raymond James Financial Inc. now owns 5,329,391 shares of the company’s stock worth $1,033,848,000 after purchasing an additional 99,758 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.2%

NYSEARCA VIG opened at $217.26 on Wednesday. The firm’s fifty day moving average price is $212.00 and its two-hundred day moving average price is $201.86. Vanguard Dividend Appreciation ETF has a 1 year low of $169.32 and a 1 year high of $218.92. The firm has a market capitalization of $98.57 billion, a P/E ratio of 23.32 and a beta of 0.85.

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.