Prentice Wealth Management LLC Grows Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Prentice Wealth Management LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,824 shares of the company’s stock after purchasing an additional 1,364 shares during the quarter. Vanguard Dividend Appreciation ETF comprises about 3.3% of Prentice Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. Prentice Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $9,464,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Morgan Stanley raised its holdings in Vanguard Dividend Appreciation ETF by 1.7% in the 3rd quarter. Morgan Stanley now owns 11,325,386 shares of the company’s stock valued at $1,759,739,000 after acquiring an additional 190,258 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Vanguard Dividend Appreciation ETF by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 8,168,860 shares of the company’s stock worth $1,391,974,000 after purchasing an additional 302,701 shares in the last quarter. UBS Group AG grew its holdings in shares of Vanguard Dividend Appreciation ETF by 4.1% in the 4th quarter. UBS Group AG now owns 6,446,494 shares of the company’s stock worth $1,098,483,000 after acquiring an additional 254,848 shares during the period. HB Wealth Management LLC increased its holdings in Vanguard Dividend Appreciation ETF by 7.1% during the 4th quarter. HB Wealth Management LLC now owns 3,847,028 shares of the company’s stock valued at $655,534,000 after acquiring an additional 254,175 shares in the last quarter. Finally, Evoke Wealth LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 2,347.2% in the 4th quarter. Evoke Wealth LLC now owns 3,039,793 shares of the company’s stock valued at $517,981,000 after purchasing an additional 2,915,578 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock traded down $0.41 during mid-day trading on Wednesday, reaching $183.68. 1,160,418 shares of the company were exchanged, compared to its average volume of 913,855. The company has a market capitalization of $79.41 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a fifty-two week low of $149.67 and a fifty-two week high of $186.30. The business’s 50 day simple moving average is $180.37 and its 200 day simple moving average is $176.87.

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.