Vanguard Dividend Appreciation ETF $VIG is Firestone Capital Management’s Largest Position

Firestone Capital Management cut its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,553 shares of the company’s stock after selling 1,157 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 6.8% of Firestone Capital Management’s portfolio, making the stock its biggest holding. Firestone Capital Management’s holdings in Vanguard Dividend Appreciation ETF were worth $28,972,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Curio Wealth LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 4,300.0% in the 2nd quarter. Curio Wealth LLC now owns 132 shares of the company’s stock worth $27,000 after buying an additional 129 shares in the last quarter. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Dividend Appreciation ETF in the first quarter valued at about $31,000. Proathlete Wealth Management LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at approximately $35,000. TFC Financial Management Inc. grew its position in shares of Vanguard Dividend Appreciation ETF by 526.7% during the 2nd quarter. TFC Financial Management Inc. now owns 188 shares of the company’s stock valued at $39,000 after buying an additional 158 shares during the last quarter. Finally, GW&K Investment Management LLC bought a new stake in Vanguard Dividend Appreciation ETF in the first quarter valued at $37,000.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG opened at $217.03 on Friday. The stock’s fifty day moving average is $216.42 and its 200-day moving average is $207.89. The firm has a market capitalization of $98.39 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a one year low of $169.32 and a one year high of $220.49.

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.