Vanguard Dividend Appreciation ETF $VIG Shares Sold by Mid American Wealth Advisory Group Inc.

Mid American Wealth Advisory Group Inc. cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,783 shares of the company’s stock after selling 653 shares during the period. Vanguard Dividend Appreciation ETF makes up approximately 2.0% of Mid American Wealth Advisory Group Inc.’s holdings, making the stock its 15th largest holding. Mid American Wealth Advisory Group Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $4,254,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Teamwork Financial Advisors LLC increased its stake in Vanguard Dividend Appreciation ETF by 2.7% in the 2nd quarter. Teamwork Financial Advisors LLC now owns 1,897 shares of the company’s stock valued at $388,000 after purchasing an additional 49 shares in the last quarter. Lakeshore Financial Planning Inc. increased its position in shares of Vanguard Dividend Appreciation ETF by 4.7% in the second quarter. Lakeshore Financial Planning Inc. now owns 1,117 shares of the company’s stock valued at $229,000 after buying an additional 50 shares in the last quarter. TPG Advisors LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 0.6% during the 2nd quarter. TPG Advisors LLC now owns 8,894 shares of the company’s stock worth $1,820,000 after buying an additional 50 shares during the last quarter. Sterling Investment Advisors Ltd. raised its stake in shares of Vanguard Dividend Appreciation ETF by 1.2% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 4,141 shares of the company’s stock worth $848,000 after buying an additional 51 shares during the last quarter. Finally, Vicus Capital boosted its position in shares of Vanguard Dividend Appreciation ETF by 1.5% in the 2nd quarter. Vicus Capital now owns 3,540 shares of the company’s stock worth $725,000 after buying an additional 52 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.7%

Shares of NYSEARCA VIG opened at $217.26 on Tuesday. The company’s 50-day moving average price is $213.74 and its 200 day moving average price is $203.43. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $218.92. The stock has a market cap of $98.50 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85.

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.