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

West Financial Advisors LLC reduced its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 7.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 34,525 shares of the company’s stock after selling 2,678 shares during the quarter. Vanguard Dividend Appreciation ETF makes up about 1.2% of West Financial Advisors LLC’s holdings, 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.

A number of other large investors also recently bought and sold shares of VIG. Brighton Jones LLC lifted its position in Vanguard Dividend Appreciation ETF by 92.5% in the fourth quarter. Brighton Jones LLC now owns 34,563 shares of the company’s stock valued at $6,768,000 after purchasing an additional 16,606 shares during the period. Revolve Wealth Partners LLC increased its position in Vanguard Dividend Appreciation ETF by 12.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,066 shares of the company’s stock worth $992,000 after purchasing an additional 577 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Vanguard Dividend Appreciation ETF by 4.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,218 shares of the company’s stock worth $659,000 after buying an additional 143 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Vanguard Dividend Appreciation ETF by 87.1% during the 2nd quarter. First Trust Advisors LP now owns 4,826 shares of the company’s stock worth $988,000 after buying an additional 2,246 shares in the last quarter. Finally, Gamco Investors INC. ET AL purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $993,000.

Vanguard Dividend Appreciation ETF Price Performance

VIG opened at $245.23 on Friday. The business has a 50 day simple moving average of $237.39 and a 200-day simple moving average of $229.05. The stock has a market capitalization of $114.13 billion, a P/E ratio of 23.32 and a beta of 0.81. Vanguard Dividend Appreciation ETF has a 12 month low of $206.39 and a 12 month high of $245.70.

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.