N.E.W. Advisory Services LLC Cuts Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

N.E.W. Advisory Services LLC decreased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,457 shares of the company’s stock after selling 363 shares during the period. N.E.W. Advisory Services LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $631,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VIG. Family Firm Inc. purchased a new position in Vanguard Dividend Appreciation ETF in the second quarter valued at $25,000. Eagle Bay Advisors LLC purchased a new position in Vanguard Dividend Appreciation ETF in the first quarter valued at $26,000. 1620 Investment Advisors Inc. purchased a new position in Vanguard Dividend Appreciation ETF in the second quarter valued at $26,000. FPC Investment Advisory Inc. purchased a new position in Vanguard Dividend Appreciation ETF in the first quarter valued at $30,000. Finally, Opal Wealth Advisors LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the first quarter worth about $34,000.

Vanguard Dividend Appreciation ETF Stock Down 0.7 %

VIG stock opened at $192.51 on Friday. The stock has a market capitalization of $83.23 billion, a P/E ratio of 24.54 and a beta of 0.78. The firm has a 50-day simple moving average of $188.35 and a 200-day simple moving average of $182.81. Vanguard Dividend Appreciation ETF has a 52 week low of $149.67 and a 52 week high of $196.24.

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.