Covenant Asset Management LLC Has $513,000 Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Covenant Asset Management LLC decreased its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 22.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,592 shares of the company’s stock after selling 741 shares during the period. Covenant Asset Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $513,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Family Firm Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF in the second quarter valued at approximately $25,000. 1620 Investment Advisors Inc. bought a new position in Vanguard Dividend Appreciation ETF during the 2nd quarter valued at $26,000. Peterson Financial Group Inc. bought a new position in Vanguard Dividend Appreciation ETF during the 3rd quarter valued at $29,000. Providence Capital Advisors LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter worth $33,000. Finally, HighMark Wealth Management LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 371.8% in the second quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock valued at $34,000 after purchasing an additional 145 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $201.14 on Friday. The company has a market capitalization of $86.96 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 52-week low of $162.98 and a 52-week high of $203.80. The company has a 50-day simple moving average of $198.46 and a two-hundred day simple moving average of $190.33.

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.