Stokes Capital Advisors LLC Reduces Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Stokes Capital Advisors LLC decreased its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 44,384 shares of the company’s stock after selling 2,639 shares during the period. Vanguard Dividend Appreciation ETF accounts for 2.3% of Stokes Capital Advisors LLC’s portfolio, making the stock its 13th biggest position. Stokes Capital Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $8,102,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF during the first quarter worth $26,000. FPC Investment Advisory Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF in the 1st quarter valued at about $30,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at about $31,000. Opal Wealth Advisors LLC purchased a new stake in Vanguard Dividend Appreciation ETF during the first quarter worth about $34,000. Finally, VisionPoint Advisory Group LLC acquired a new position in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $38,000.

Vanguard Dividend Appreciation ETF Price Performance

Vanguard Dividend Appreciation ETF stock traded up $0.33 during mid-day trading on Friday, reaching $190.97. The company had a trading volume of 610,774 shares, compared to its average volume of 879,588. The stock’s 50-day simple moving average is $185.62 and its 200-day simple moving average is $181.08. The company has a market capitalization of $82.56 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1 year low of $149.67 and a 1 year high of $191.14.

Vanguard Dividend Appreciation ETF 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.