Vanguard Dividend Appreciation ETF $VIG Stock: Confluence Wealth Services Inc. Increases Holdings

Confluence Wealth Services Inc. grew its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 17.0% in the third quarter, Holdings Channel reports. The fund owned 1,157,759 shares of the company’s stock after acquiring an additional 167,814 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for 7.0% of Confluence Wealth Services Inc.’s portfolio, making the stock its 2nd largest holding. Confluence Wealth Services Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $270,117,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. HB Wealth Management LLC increased its holdings in Vanguard Dividend Appreciation ETF by 1.6% in the 2nd quarter. HB Wealth Management LLC now owns 5,857,815 shares of the company’s stock worth $1,372,141,000 after purchasing an additional 94,213 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Vanguard Dividend Appreciation ETF by 3.2% in the second quarter. Envestnet Asset Management Inc. now owns 2,577,266 shares of the company’s stock valued at $609,833,000 after purchasing an additional 80,365 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 2.9% during the third quarter. Signaturefd LLC now owns 2,349,375 shares of the company’s stock valued at $548,133,000 after purchasing an additional 66,078 shares in the last quarter. Modera Wealth Management LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 4.6% during the third quarter. Modera Wealth Management LLC now owns 1,736,328 shares of the company’s stock valued at $405,103,000 after purchasing an additional 76,728 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Vanguard Dividend Appreciation ETF by 90.4% during the second quarter. The Manufacturers Life Insurance Company now owns 1,506,493 shares of the company’s stock valued at $356,466,000 after purchasing an additional 715,474 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.3%

NYSEARCA:VIG opened at $249.89 on Wednesday. The stock has a market cap of $116.81 billion, a P/E ratio of 23.32 and a beta of 0.79. The stock’s 50-day moving average is $240.87 and its 200-day moving average is $233.31. Vanguard Dividend Appreciation ETF has a 1-year low of $210.01 and a 1-year high of $253.41.

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