Provenance Wealth Advisors LLC Sells 10,374 Shares of Vanguard Dividend Appreciation ETF $VIG

Provenance Wealth Advisors LLC lowered its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.9% in the first quarter, HoldingsChannel.com reports. The firm owned 255,450 shares of the company’s stock after selling 10,374 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 5.8% of Provenance Wealth Advisors LLC’s investment portfolio, making the stock its 6th largest position. Provenance Wealth Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $54,937,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Bank of America Corp DE increased its stake in shares of Vanguard Dividend Appreciation ETF by 16.2% in the 4th quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock valued at $5,437,287,000 after buying an additional 3,448,292 shares during the period. Morgan Stanley lifted its stake in shares of Vanguard Dividend Appreciation ETF by 2.0% during the fourth quarter. Morgan Stanley now owns 12,774,029 shares of the company’s stock valued at $2,807,477,000 after acquiring an additional 247,444 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Vanguard Dividend Appreciation ETF by 2.2% during the fourth quarter. Wells Fargo & Company MN now owns 10,814,160 shares of the company’s stock valued at $2,376,736,000 after acquiring an additional 228,122 shares during the period. Vanguard Group Inc. boosted its holdings in Vanguard Dividend Appreciation ETF by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 10,690,700 shares of the company’s stock valued at $2,349,602,000 after acquiring an additional 130,639 shares during the last quarter. Finally, Wealthfront Advisers LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 3.0% in the fourth quarter. Wealthfront Advisers LLC now owns 9,879,191 shares of the company’s stock valued at $2,171,249,000 after acquiring an additional 287,085 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.0%

Shares of VIG stock opened at $234.28 on Thursday. The firm has a market cap of $108.12 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. Vanguard Dividend Appreciation ETF has a 12 month low of $202.06 and a 12 month high of $238.10. The stock has a 50-day moving average price of $231.05 and a 200 day moving average price of $225.36.

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.