Levy Wealth Management Group LLC Has $47.83 Million Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Levy Wealth Management Group LLC increased its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 11.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 262,020 shares of the company’s stock after buying an additional 27,730 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 12.2% of Levy Wealth Management Group LLC’s portfolio, making the stock its 2nd biggest holding. Levy Wealth Management Group LLC owned approximately 0.06% of Vanguard Dividend Appreciation ETF worth $47,832,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Pettinga Financial Advisors LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 8.1% during the 2nd quarter. Pettinga Financial Advisors LLC now owns 5,756 shares of the company’s stock worth $1,051,000 after buying an additional 430 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its position in Vanguard Dividend Appreciation ETF by 27.9% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 14,072 shares of the company’s stock valued at $2,569,000 after purchasing an additional 3,066 shares during the period. Spirit of America Management Corp NY boosted its position in shares of Vanguard Dividend Appreciation ETF by 488.3% in the 2nd quarter. Spirit of America Management Corp NY now owns 3,736 shares of the company’s stock worth $682,000 after purchasing an additional 3,101 shares during the last quarter. RPS Advisory Solutions LLC bought a new position in Vanguard Dividend Appreciation ETF during the second quarter worth about $495,000. Finally, Colton Groome Financial Advisors LLC bought a new stake in Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $411,000.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG traded up $1.58 during midday trading on Friday, hitting $193.57. The stock had a trading volume of 518,984 shares, compared to its average volume of 872,054. The firm has a market cap of $83.68 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The company has a 50 day simple moving average of $186.62 and a two-hundred day simple moving average of $181.67. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $193.73.

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.