Vanguard Dividend Appreciation ETF $VIG Shares Sold by JNBA Financial Advisors

JNBA Financial Advisors cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,431 shares of the company’s stock after selling 2,688 shares during the period. Vanguard Dividend Appreciation ETF accounts for 2.0% of JNBA Financial Advisors’ portfolio, making the stock its 12th largest position. JNBA Financial Advisors’ holdings in Vanguard Dividend Appreciation ETF were worth $20,351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of VIG. Wealthfront Advisers LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 10.8% in the 1st quarter. Wealthfront Advisers LLC now owns 7,603,273 shares of the company’s stock valued at $1,474,959,000 after purchasing an additional 738,441 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Vanguard Dividend Appreciation ETF during the first quarter valued at approximately $134,776,000. HB Wealth Management LLC raised its stake in Vanguard Dividend Appreciation ETF by 9.9% during the first 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. raised its stake in Vanguard Dividend Appreciation ETF by 4.6% during the first 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 acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at approximately $73,541,000.

Vanguard Dividend Appreciation ETF Trading Down 2.0%

VIG stock opened at $212.59 on Friday. The firm has a market cap of $96.38 billion, a P/E ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 12-month low of $169.32 and a 12-month high of $218.92. The stock’s 50 day simple moving average is $212.59 and its 200 day simple moving average is $202.22.

About Vanguard Dividend Appreciation ETF

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.