Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. reduced its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,895,413 shares of the company’s stock after selling 48,284 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $346,008,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Smithfield Trust Co increased its position in shares of Vanguard Dividend Appreciation ETF by 1.7% in the first quarter. Smithfield Trust Co now owns 3,391 shares of the company’s stock worth $620,000 after acquiring an additional 56 shares in the last quarter. Oliver Luxxe Assets LLC raised its position in Vanguard Dividend Appreciation ETF by 0.5% in the fourth quarter. Oliver Luxxe Assets LLC now owns 12,945 shares of the company’s stock valued at $2,206,000 after purchasing an additional 58 shares during the period. Reynders McVeigh Capital Management LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 0.5% during the fourth quarter. Reynders McVeigh Capital Management LLC now owns 12,474 shares of the company’s stock worth $2,126,000 after purchasing an additional 60 shares in the last quarter. Keeley Teton Advisors LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 0.7% in the first quarter. Keeley Teton Advisors LLC now owns 8,098 shares of the company’s stock worth $1,479,000 after buying an additional 60 shares during the period. Finally, ARS Wealth Advisors Group LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 2.4% in the second quarter. ARS Wealth Advisors Group LLC now owns 2,633 shares of the company’s stock valued at $481,000 after buying an additional 61 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA:VIG traded up $0.95 during mid-day trading on Monday, hitting $191.92. 586,369 shares of the company traded hands, compared to its average volume of 877,743. The firm has a market cap of $82.97 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 52-week low of $149.67 and a 52-week high of $191.94. The firm’s 50 day simple moving average is $185.83 and its 200 day simple moving average is $181.20.

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.