Fortis Advisors LLC Reduces Stake in Vanguard Dividend Appreciation ETF $VIG

Fortis Advisors LLC trimmed its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,967 shares of the company’s stock after selling 2,846 shares during the quarter. Vanguard Dividend Appreciation ETF makes up about 3.2% of Fortis Advisors LLC’s portfolio, making the stock its 9th biggest holding. Fortis Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $5,603,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in VIG. Laurel Wealth Advisors LLC increased its holdings in Vanguard Dividend Appreciation ETF by 20,718.4% during the second quarter. Laurel Wealth Advisors LLC now owns 35,551,585 shares of the company’s stock worth $7,276,343,000 after buying an additional 35,380,815 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Vanguard Dividend Appreciation ETF by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 10,560,061 shares of the company’s stock valued at $2,278,756,000 after acquiring an additional 76,924 shares during the period. Wealthfront Advisers LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 5.5% during the 3rd quarter. Wealthfront Advisers LLC now owns 9,592,106 shares of the company’s stock worth $2,069,881,000 after purchasing an additional 502,464 shares during the last quarter. HB Wealth Management LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 5.7% during the 3rd quarter. HB Wealth Management LLC now owns 5,511,314 shares of the company’s stock worth $1,177,196,000 after purchasing an additional 295,707 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 0.7% in the 2nd quarter. Raymond James Financial Inc. now owns 5,364,287 shares of the company’s stock valued at $1,097,908,000 after purchasing an additional 34,896 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

Vanguard Dividend Appreciation ETF stock opened at $227.11 on Friday. The stock has a 50-day simple moving average of $224.04 and a 200 day simple moving average of $218.26. The stock has a market capitalization of $105.37 billion, a P/E ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $230.53.

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