SVB Wealth LLC Sells 6,274 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

SVB Wealth LLC cut its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 7.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 83,288 shares of the company’s stock after selling 6,274 shares during the quarter. SVB Wealth LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $15,204,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Facet Wealth Inc. raised its holdings in Vanguard Dividend Appreciation ETF by 19.6% in the 4th quarter. Facet Wealth Inc. now owns 3,520 shares of the company’s stock valued at $613,000 after acquiring an additional 577 shares in the last quarter. Trademark Financial Management LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the fourth quarter worth $669,000. RFG Advisory LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 15.2% in the first quarter. RFG Advisory LLC now owns 13,555 shares of the company’s stock worth $2,475,000 after purchasing an additional 1,784 shares during the last quarter. Western Pacific Wealth Management LP increased its holdings in Vanguard Dividend Appreciation ETF by 2.2% in the fourth quarter. Western Pacific Wealth Management LP now owns 37,055 shares of the company’s stock valued at $6,314,000 after purchasing an additional 806 shares during the period. Finally, MGO One Seven LLC raised its position in Vanguard Dividend Appreciation ETF by 87.2% during the 4th quarter. MGO One Seven LLC now owns 61,490 shares of the company’s stock worth $10,478,000 after purchasing an additional 28,637 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Down 1.1 %

VIG traded down $2.09 during midday trading on Friday, hitting $190.42. 806,165 shares of the company were exchanged, compared to its average volume of 863,465. The firm has a market capitalization of $82.32 billion, a P/E ratio of 24.54 and a beta of 0.78. The firm’s 50 day moving average price is $188.51 and its 200-day moving average price is $182.92. Vanguard Dividend Appreciation ETF has a 1-year low of $149.67 and a 1-year high of $196.24.

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.