BTS Asset Management Inc. Sells 1,060 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

BTS Asset Management Inc. reduced its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 34.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,985 shares of the company’s stock after selling 1,060 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 0.3% of BTS Asset Management Inc.’s holdings, making the stock its 13th largest holding. BTS Asset Management Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $364,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Family Firm Inc. bought a new stake in Vanguard Dividend Appreciation ETF in the second quarter worth approximately $25,000. Eagle Bay Advisors LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the first quarter valued at approximately $26,000. 1620 Investment Advisors Inc. acquired a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at approximately $26,000. FPC Investment Advisory Inc. acquired a new stake in Vanguard Dividend Appreciation ETF in the first quarter valued at approximately $30,000. Finally, HighMark Wealth Management LLC grew its stake in Vanguard Dividend Appreciation ETF by 371.8% in the second quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock valued at $34,000 after acquiring an additional 145 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $192.51 on Friday. Vanguard Dividend Appreciation ETF has a 52 week low of $149.67 and a 52 week high of $196.24. The stock has a 50 day moving average price of $188.35 and a two-hundred day moving average price of $182.81. The stock has a market capitalization of $83.23 billion, a PE ratio of 24.54 and a beta of 0.78.

Vanguard Dividend Appreciation ETF 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.