Independent Advisor Alliance Trims Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Independent Advisor Alliance cut its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 50.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,983 shares of the company’s stock after selling 2,018 shares during the quarter. Independent Advisor Alliance’s holdings in Vanguard Dividend Appreciation ETF were worth $393,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Family Firm Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the second quarter worth $25,000. 1620 Investment Advisors Inc. acquired a new position in Vanguard Dividend Appreciation ETF during the 2nd quarter worth about $26,000. Peterson Financial Group Inc. purchased a new position in Vanguard Dividend Appreciation ETF during the 3rd quarter valued at about $29,000. Providence Capital Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF in the 2nd quarter valued at about $33,000. Finally, HighMark Wealth Management LLC increased its stake in Vanguard Dividend Appreciation ETF by 371.8% during the second quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock worth $34,000 after purchasing an additional 145 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA VIG opened at $203.88 on Friday. The firm has a market cap of $88.14 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The firm has a 50 day simple moving average of $199.18 and a 200-day simple moving average of $191.17. Vanguard Dividend Appreciation ETF has a one year low of $162.98 and a one year high of $204.87.

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.