Cahill Financial Advisors Inc. Reduces Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cahill Financial Advisors Inc. reduced its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,713 shares of the company’s stock after selling 4,725 shares during the quarter. Vanguard Dividend Appreciation ETF comprises approximately 2.6% of Cahill Financial Advisors Inc.’s portfolio, making the stock its 13th largest holding. Cahill Financial Advisors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $18,759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 33,295.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock worth $1,601,882,000 after acquiring an additional 8,748,758 shares during the period. Cetera Investment Advisers raised its stake in Vanguard Dividend Appreciation ETF by 505.7% in the 1st quarter. Cetera Investment Advisers now owns 813,293 shares of the company’s stock valued at $148,515,000 after purchasing an additional 679,010 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Vanguard Dividend Appreciation ETF during the second quarter worth approximately $73,967,000. LPL Financial LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 5.7% in the third quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock valued at $1,150,493,000 after purchasing an additional 314,952 shares during the period. Finally, Waverly Advisors LLC grew its holdings in Vanguard Dividend Appreciation ETF by 37.9% in the 1st quarter. Waverly Advisors LLC now owns 770,803 shares of the company’s stock valued at $140,756,000 after buying an additional 211,811 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA:VIG opened at $202.46 on Friday. Vanguard Dividend Appreciation ETF has a 12 month low of $162.98 and a 12 month high of $203.80. The business has a 50-day moving average of $198.59 and a two-hundred day moving average of $190.58. The firm has a market capitalization of $87.53 billion, a PE ratio of 24.54 and a beta of 0.78.

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.