Vanguard Dividend Appreciation ETF $VIG Stock Sold by Global Wealth Management LLC

Global Wealth Management LLC reduced its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 13.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 44,160 shares of the company’s stock after selling 7,075 shares during the period. Vanguard Dividend Appreciation ETF accounts for 5.6% of Global Wealth Management LLC’s portfolio, making the stock its 6th biggest position. Global Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $10,303,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company raised its stake in shares of Vanguard Dividend Appreciation ETF by 90.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,506,493 shares of the company’s stock worth $356,466,000 after buying an additional 715,474 shares in the last quarter. Spirit of America Management Corp NY lifted its position in shares of Vanguard Dividend Appreciation ETF by 18,919.1% during the 2nd quarter. Spirit of America Management Corp NY now owns 378,100 shares of the company’s stock valued at $89,466,000 after acquiring an additional 376,112 shares during the period. Ascentis Wealth Management LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 27,930.0% during the 2nd quarter. Ascentis Wealth Management LLC now owns 332,716 shares of the company’s stock worth $78,727,000 after acquiring an additional 331,529 shares in the last quarter. Cambridge Associates LLC MA ADV purchased a new position in Vanguard Dividend Appreciation ETF in the 1st quarter valued at approximately $44,798,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Vanguard Dividend Appreciation ETF by 17.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,346,092 shares of the company’s stock valued at $319,864,000 after acquiring an additional 198,974 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.9%

Shares of NYSEARCA:VIG opened at $242.05 on Friday. The company has a market capitalization of $113.28 billion, a P/E ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a 52-week low of $210.01 and a 52-week high of $247.45. The stock’s fifty day simple moving average is $240.33 and its 200-day simple moving average is $234.95.

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.