Essex Financial Services Inc. Has $11.97 Million Stock Position in Vanguard Dividend Appreciation ETF $VIG

Essex Financial Services Inc. cut its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 8.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 55,480 shares of the company’s stock after selling 5,403 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 0.7% of Essex Financial Services Inc.’s portfolio, making the stock its 26th biggest holding. Essex Financial Services Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $11,972,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VIG. Curio Wealth LLC grew its stake in Vanguard Dividend Appreciation ETF by 4,300.0% in the second quarter. Curio Wealth LLC now owns 132 shares of the company’s stock valued at $27,000 after acquiring an additional 129 shares during the period. Clear Investment Research LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF during the third quarter worth approximately $38,000. Stonehage Fleming Financial Services Holdings Ltd bought a new position in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth $45,000. Delta Asset Management LLC TN acquired a new stake in Vanguard Dividend Appreciation ETF in the 3rd quarter valued at $48,000. Finally, Solstein Capital LLC acquired a new stake in Vanguard Dividend Appreciation ETF in the 2nd quarter valued at $50,000.

Vanguard Dividend Appreciation ETF Trading Down 0.0%

VIG opened at $227.18 on Wednesday. Vanguard Dividend Appreciation ETF has a 1-year low of $169.32 and a 1-year high of $230.53. The company has a market cap of $105.41 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. The company’s fifty day moving average price is $223.88 and its two-hundred day moving average price is $218.13.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.