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

Raymond James Financial Services Advisors Inc. lowered its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. 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.’s holdings in Vanguard Dividend Appreciation ETF were worth $354,939,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Morgan Stanley boosted its position in Vanguard Dividend Appreciation ETF by 1.7% during the third quarter. Morgan Stanley now owns 11,325,386 shares of the company’s stock valued at $1,759,739,000 after purchasing an additional 190,258 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 8,168,860 shares of the company’s stock valued at $1,391,974,000 after buying an additional 302,701 shares in the last quarter. UBS Group AG grew its position in shares of Vanguard Dividend Appreciation ETF by 4.1% in the 4th quarter. UBS Group AG now owns 6,446,494 shares of the company’s stock worth $1,098,483,000 after buying an additional 254,848 shares during the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 2.7% during the 3rd quarter. LPL Financial LLC now owns 5,199,393 shares of the company’s stock worth $807,882,000 after acquiring an additional 134,815 shares in the last quarter. Finally, HB Wealth Management LLC lifted its position in Vanguard Dividend Appreciation ETF by 7.1% during the fourth quarter. HB Wealth Management LLC now owns 3,847,028 shares of the company’s stock valued at $655,534,000 after acquiring an additional 254,175 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

VIG traded down $2.15 during trading on Tuesday, hitting $175.05. The stock had a trading volume of 582,794 shares, compared to its average volume of 1,006,989. The stock has a 50 day simple moving average of $178.53 and a two-hundred day simple moving average of $170.61. Vanguard Dividend Appreciation ETF has a twelve month low of $149.67 and a twelve month high of $183.52. The company has a market capitalization of $75.68 billion, a PE ratio of 24.56 and a beta of 0.80.

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.