Parsons Capital Management Inc. RI Cuts Stake in Vanguard Dividend Appreciation ETF $VIG

Parsons Capital Management Inc. RI cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 14.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,559 shares of the company’s stock after selling 3,700 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in Vanguard Dividend Appreciation ETF were worth $4,868,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 20,718.4% in the second quarter. Laurel Wealth Advisors LLC now owns 35,551,585 shares of the company’s stock valued at $7,276,343,000 after acquiring an additional 35,380,815 shares in the last quarter. Vanguard Group Inc. grew its stake in Vanguard Dividend Appreciation ETF by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 10,483,137 shares of the company’s stock valued at $2,145,584,000 after acquiring an additional 322,704 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 19.5% in the second quarter. Wealthfront Advisers LLC now owns 9,089,642 shares of the company’s stock valued at $1,860,377,000 after purchasing an additional 1,486,369 shares during the last quarter. HB Wealth Management LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 5.7% in the 3rd quarter. HB Wealth Management LLC now owns 5,511,314 shares of the company’s stock worth $1,177,196,000 after acquiring an additional 295,707 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in Vanguard Dividend Appreciation ETF by 0.7% during the second quarter. Raymond James Financial Inc. now owns 5,364,287 shares of the company’s stock worth $1,097,908,000 after purchasing an additional 34,896 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

VIG opened at $225.64 on Tuesday. Vanguard Dividend Appreciation ETF has a one year low of $169.32 and a one year high of $225.97. The business’s 50 day moving average price is $220.95 and its 200 day moving average price is $215.31. The stock has a market capitalization of $104.69 billion, a PE 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.