Sunpointe LLC Has $5.64 Million Stock Position in Vanguard Dividend Appreciation ETF $VIG

Sunpointe LLC reduced its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 11.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,841 shares of the company’s stock after selling 3,093 shares during the period. Vanguard Dividend Appreciation ETF comprises about 1.6% of Sunpointe LLC’s investment portfolio, making the stock its 15th biggest position. Sunpointe LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $5,641,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of Vanguard Dividend Appreciation ETF by 16.2% during the fourth quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock worth $5,437,287,000 after buying an additional 3,448,292 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 102.8% in the second quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock valued at $358,334,000 after acquiring an additional 887,305 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the 3rd quarter worth approximately $134,718,000. Orion Porfolio Solutions LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 2,949.7% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 392,738 shares of the company’s stock worth $80,382,000 after acquiring an additional 379,860 shares in the last quarter. Finally, Spirit of America Management Corp NY grew its position in Vanguard Dividend Appreciation ETF by 18,919.1% during the 2nd quarter. Spirit of America Management Corp NY now owns 378,100 shares of the company’s stock worth $89,466,000 after acquiring an additional 376,112 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

NYSEARCA VIG opened at $243.91 on Friday. The stock’s 50 day simple moving average is $239.49 and its 200 day simple moving average is $230.52. Vanguard Dividend Appreciation ETF has a one year low of $208.73 and a one year high of $247.45. The firm has a market cap of $113.51 billion, a PE ratio of 23.32 and a beta of 0.81.

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.