West Financial Advisors LLC Trims Holdings in Vanguard Dividend Appreciation ETF $VIG

West Financial Advisors LLC lowered its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 7.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,525 shares of the company’s stock after selling 2,678 shares during the period. Vanguard Dividend Appreciation ETF accounts for 1.2% of West Financial Advisors LLC’s investment portfolio, making the stock its 16th largest holding. West Financial Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $8,169,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in shares of Vanguard Dividend Appreciation ETF by 16.2% in the fourth 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 last quarter. M&T Bank Corp boosted its stake in shares of Vanguard Dividend Appreciation ETF by 659.0% during the fourth quarter. M&T Bank Corp now owns 1,212,203 shares of the company’s stock worth $266,418,000 after buying an additional 1,052,498 shares during the period. Corient Private Wealth LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 102.8% during the second quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock worth $358,334,000 after buying an additional 887,305 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of Vanguard Dividend Appreciation ETF during the third quarter worth about $134,718,000. Finally, Orion Porfolio Solutions LLC increased its position in Vanguard Dividend Appreciation ETF by 2,949.7% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 392,738 shares of the company’s stock valued at $80,382,000 after acquiring an additional 379,860 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 0.4%

Shares of VIG stock opened at $245.23 on Friday. The stock’s 50-day moving average price is $237.39 and its 200 day moving average price is $229.05. The stock has a market capitalization of $114.13 billion, a PE ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a 52-week low of $206.39 and a 52-week high of $245.70.

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