Flagstar Advisors Inc. Sells 2,752 Shares of Vanguard Dividend Appreciation ETF $VIG

Flagstar Advisors Inc. cut its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 25,468 shares of the company’s stock after selling 2,752 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 2.0% of Flagstar Advisors Inc.’s investment portfolio, making the stock its 6th largest holding. Flagstar Advisors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $5,477,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. AG Campbell Advisory LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $30,000. Investment Research & Advisory Group Inc. acquired a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth approximately $31,000. Eagle Bay Advisors LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $31,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $31,000. Finally, Garner Asset Management Corp bought a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $35,000.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $235.94 on Tuesday. The stock’s fifty day moving average price is $231.70 and its two-hundred day moving average price is $225.66. Vanguard Dividend Appreciation ETF has a 52-week low of $203.17 and a 52-week high of $238.10. The company has a market cap of $108.88 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.