Vanguard Dividend Appreciation ETF $VIG Stock: Kagan Cocozza Asset Management Reduces Holdings

Kagan Cocozza Asset Management lowered its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 14.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 32,886 shares of the company’s stock after selling 5,469 shares during the quarter. Vanguard Dividend Appreciation ETF comprises approximately 4.6% of Kagan Cocozza Asset Management’s investment portfolio, making the stock its 6th biggest holding. Kagan Cocozza Asset Management’s holdings in Vanguard Dividend Appreciation ETF were worth $7,673,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HB Wealth Management LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 1.6% during the second quarter. HB Wealth Management LLC now owns 5,857,815 shares of the company’s stock worth $1,372,141,000 after acquiring an additional 94,213 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 3.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,577,266 shares of the company’s stock worth $609,833,000 after acquiring an additional 80,365 shares during the period. Signaturefd LLC lifted its position in Vanguard Dividend Appreciation ETF by 3.6% in the 2nd quarter. Signaturefd LLC now owns 2,283,297 shares of the company’s stock valued at $540,274,000 after acquiring an additional 80,040 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Vanguard Dividend Appreciation ETF by 90.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,506,493 shares of the company’s stock valued at $356,466,000 after acquiring an additional 715,474 shares in the last quarter. Finally, Modera Wealth Management LLC lifted its position in Vanguard Dividend Appreciation ETF by 4.0% in the 1st quarter. Modera Wealth Management LLC now owns 1,612,753 shares of the company’s stock valued at $346,839,000 after acquiring an additional 61,975 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA VIG traded down $0.74 on Monday, reaching $241.03. The company had a trading volume of 1,010,064 shares, compared to its average volume of 1,230,234. The firm has a market capitalization of $112.80 billion, a price-to-earnings ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a 1-year low of $210.01 and a 1-year high of $247.45. The company’s fifty day moving average is $240.17 and its 200-day moving average is $235.35.

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.