Confluence Wealth Services Inc. Has $92.21 Million Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Confluence Wealth Services Inc. boosted its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 6.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 505,124 shares of the company’s stock after purchasing an additional 30,722 shares during the period. Vanguard Dividend Appreciation ETF comprises 7.3% of Confluence Wealth Services Inc.’s portfolio, making the stock its 2nd largest holding. Confluence Wealth Services Inc. owned about 0.12% of Vanguard Dividend Appreciation ETF worth $92,210,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VIG. Sage Mountain Advisors LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 19.5% during the 2nd quarter. Sage Mountain Advisors LLC now owns 4,242 shares of the company’s stock valued at $774,000 after purchasing an additional 693 shares during the period. Catalytic Wealth RIA LLC grew its position in Vanguard Dividend Appreciation ETF by 1.8% during the second quarter. Catalytic Wealth RIA LLC now owns 51,398 shares of the company’s stock valued at $9,383,000 after buying an additional 921 shares during the period. Commonwealth Equity Services LLC increased its holdings in Vanguard Dividend Appreciation ETF by 2.1% during the second quarter. Commonwealth Equity Services LLC now owns 2,865,298 shares of the company’s stock valued at $523,060,000 after buying an additional 57,948 shares during the last quarter. IFG Advisory LLC increased its holdings in Vanguard Dividend Appreciation ETF by 7.6% during the second quarter. IFG Advisory LLC now owns 48,692 shares of the company’s stock valued at $8,889,000 after buying an additional 3,454 shares during the last quarter. Finally, Baltimore Washington Financial Advisors Inc. raised its position in Vanguard Dividend Appreciation ETF by 4.4% in the second quarter. Baltimore Washington Financial Advisors Inc. now owns 275,628 shares of the company’s stock worth $50,316,000 after acquiring an additional 11,591 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 0.8 %

VIG traded up $1.63 during midday trading on Friday, reaching $196.09. The company had a trading volume of 532,507 shares, compared to its average volume of 865,082. The business has a 50-day moving average of $187.57 and a two-hundred day moving average of $182.28. Vanguard Dividend Appreciation ETF has a 1 year low of $149.67 and a 1 year high of $196.24. The company has a market cap of $84.77 billion, a P/E ratio of 24.54 and a beta of 0.78.

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.