Prentice Wealth Management LLC Decreases Stock Position in Vanguard Dividend Appreciation ETF $VIG

Prentice Wealth Management LLC cut its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,949 shares of the company’s stock after selling 1,620 shares during the quarter. Vanguard Dividend Appreciation ETF comprises about 2.4% of Prentice Wealth Management LLC’s holdings, making the stock its 11th largest position. Prentice Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $9,200,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Vanguard Dividend Appreciation ETF by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 10,160,433 shares of the company’s stock valued at $1,971,022,000 after acquiring an additional 451,169 shares during the period. Wealthfront Advisers LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 10.8% in the first quarter. Wealthfront Advisers LLC now owns 7,603,273 shares of the company’s stock worth $1,474,959,000 after purchasing an additional 738,441 shares in the last quarter. LPL Financial LLC boosted its stake in Vanguard Dividend Appreciation ETF by 4.5% during the first quarter. LPL Financial LLC now owns 6,285,425 shares of the company’s stock valued at $1,219,309,000 after buying an additional 269,131 shares during the period. HB Wealth Management LLC grew its position in Vanguard Dividend Appreciation ETF by 9.9% during the first quarter. HB Wealth Management LLC now owns 5,349,243 shares of the company’s stock worth $1,027,305,000 after buying an additional 480,314 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in Vanguard Dividend Appreciation ETF by 1.9% during the first quarter. Raymond James Financial Inc. now owns 5,329,391 shares of the company’s stock worth $1,033,848,000 after buying an additional 99,758 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.4%

NYSEARCA:VIG opened at $217.13 on Friday. The stock has a market cap of $98.44 billion, a P/E ratio of 23.32 and a beta of 0.85. The business’s 50-day moving average price is $214.17 and its two-hundred day moving average price is $203.90. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $218.92.

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.