ProVise Management Group LLC Sells 3,161 Shares of Vanguard Dividend Appreciation ETF $VIG

ProVise Management Group LLC lessened its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 138,385 shares of the company’s stock after selling 3,161 shares during the quarter. Vanguard Dividend Appreciation ETF comprises approximately 2.2% of ProVise Management Group LLC’s portfolio, making the stock its 11th biggest holding. ProVise Management Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $28,323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Wealthfront Advisers LLC lifted its position in Vanguard Dividend Appreciation ETF by 19.5% during the second quarter. Wealthfront Advisers LLC now owns 9,089,642 shares of the company’s stock valued at $1,860,377,000 after purchasing an additional 1,486,369 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the first quarter worth about $134,776,000. HB Wealth Management LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 9.9% during the 1st quarter. HB Wealth Management LLC now owns 5,349,243 shares of the company’s stock valued at $1,027,305,000 after buying an additional 480,314 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Vanguard Dividend Appreciation ETF by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 10,160,433 shares of the company’s stock valued at $1,971,022,000 after buying an additional 451,169 shares in the last quarter. Finally, Park Avenue Securities LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at approximately $73,541,000.

Vanguard Dividend Appreciation ETF Trading Down 0.3%

Vanguard Dividend Appreciation ETF stock opened at $217.03 on Friday. Vanguard Dividend Appreciation ETF has a 12-month low of $169.32 and a 12-month high of $220.49. The firm has a market capitalization of $98.39 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. The firm has a 50 day moving average of $216.42 and a 200 day moving average of $207.77.

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.