Raymond James Financial Services Advisors Inc. Sells 48,344 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Raymond James Financial Services Advisors Inc. trimmed its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,943,697 shares of the company’s stock after selling 48,344 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.45% of Vanguard Dividend Appreciation ETF worth $354,939,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in VIG. Provence Wealth Management Group bought a new stake in Vanguard Dividend Appreciation ETF during the third quarter valued at approximately $29,000. Sawyer & Company Inc purchased a new position in Vanguard Dividend Appreciation ETF in the third quarter worth $31,000. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Dividend Appreciation ETF in the fourth quarter worth $31,000. Opal Wealth Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF in the first quarter valued at $34,000. Finally, Sittner & Nelson LLC raised its position in Vanguard Dividend Appreciation ETF by 368.0% during the third quarter. Sittner & Nelson LLC now owns 234 shares of the company’s stock valued at $36,000 after purchasing an additional 184 shares in the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

VIG stock traded down $2.15 during mid-day trading on Tuesday, hitting $175.05. 582,794 shares of the stock were exchanged, compared to its average volume of 1,006,989. The stock has a market capitalization of $75.68 billion, a price-to-earnings ratio of 24.56 and a beta of 0.80. The business has a fifty day moving average price of $178.53 and a 200 day moving average price of $170.61. Vanguard Dividend Appreciation ETF has a 12 month low of $149.67 and a 12 month high of $183.52.

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.