Pinnacle Financial Partners Inc Cuts Position in Vanguard Dividend Appreciation ETF $VIG

Pinnacle Financial Partners Inc trimmed its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 94,927 shares of the company’s stock after selling 5,718 shares during the period. Pinnacle Financial Partners Inc’s holdings in Vanguard Dividend Appreciation ETF were worth $20,484,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Curio Wealth LLC raised its holdings in Vanguard Dividend Appreciation ETF by 4,300.0% in the second quarter. Curio Wealth LLC now owns 132 shares of the company’s stock worth $27,000 after purchasing an additional 129 shares in the last quarter. Proathlete Wealth Management LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $35,000. TFC Financial Management Inc. grew its position in shares of Vanguard Dividend Appreciation ETF by 526.7% in the 2nd quarter. TFC Financial Management Inc. now owns 188 shares of the company’s stock worth $39,000 after buying an additional 158 shares during the last quarter. Carderock Capital Management Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $46,000. Finally, Solstein Capital LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $50,000.

Vanguard Dividend Appreciation ETF Stock Up 0.2%

Shares of VIG opened at $225.64 on Friday. The company has a 50 day moving average of $220.78 and a two-hundred day moving average of $215.06. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $225.97. The company has a market cap of $104.69 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.