Financial Perspectives Inc Sells 130 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Financial Perspectives Inc cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 43,818 shares of the company’s stock after selling 130 shares during the period. Vanguard Dividend Appreciation ETF accounts for 3.0% of Financial Perspectives Inc’s holdings, making the stock its 8th biggest holding. Financial Perspectives Inc’s holdings in Vanguard Dividend Appreciation ETF were worth $7,999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in VIG. Strategic Financial Concepts LLC lifted its position in Vanguard Dividend Appreciation ETF by 33,295.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock valued at $1,601,882,000 after purchasing an additional 8,748,758 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Vanguard Dividend Appreciation ETF by 5.7% in the first quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock valued at $1,576,895,000 after purchasing an additional 466,457 shares during the period. LPL Financial LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 3.4% in the second quarter. LPL Financial LLC now owns 5,493,858 shares of the company’s stock valued at $1,002,904,000 after purchasing an additional 178,692 shares during the period. HB Wealth Management LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 4.5% during the second quarter. HB Wealth Management LLC now owns 4,658,585 shares of the company’s stock valued at $850,425,000 after buying an additional 199,355 shares during the last quarter. Finally, Evoke Wealth LLC boosted its position in shares of Vanguard Dividend Appreciation ETF by 2,347.2% during the fourth quarter. Evoke Wealth LLC now owns 3,039,793 shares of the company’s stock worth $517,981,000 after buying an additional 2,915,578 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

VIG opened at $195.81 on Monday. The stock’s 50 day moving average price is $189.56 and its 200 day moving average price is $183.56. The stock has a market cap of $84.65 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 12 month low of $149.67 and a 12 month high of $196.27.

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.