Salomon & Ludwin LLC Decreases Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Salomon & Ludwin LLC reduced its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 51.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 655 shares of the company’s stock after selling 700 shares during the period. Salomon & Ludwin LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $130,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of VIG. Strategic Financial Concepts LLC grew its position in Vanguard Dividend Appreciation ETF by 33,295.6% in the second quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock valued at $1,601,882,000 after acquiring an additional 8,748,758 shares in the last quarter. Vanguard Group Inc. grew its holdings in Vanguard Dividend Appreciation ETF by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock valued at $1,576,895,000 after purchasing an additional 466,457 shares in the last quarter. LPL Financial LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 3.4% in the 2nd quarter. LPL Financial LLC now owns 5,493,858 shares of the company’s stock worth $1,002,904,000 after buying an additional 178,692 shares in the last quarter. HB Wealth Management LLC boosted its position in Vanguard Dividend Appreciation ETF by 4.5% in the 2nd quarter. HB Wealth Management LLC now owns 4,658,585 shares of the company’s stock valued at $850,425,000 after buying an additional 199,355 shares during the last quarter. Finally, Raymond James & Associates grew its stake in shares of Vanguard Dividend Appreciation ETF by 5.1% during the third quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock valued at $732,612,000 after acquiring an additional 178,450 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $196.89 on Monday. The stock has a market cap of $85.12 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a one year low of $149.67 and a one year high of $201.85. The business’s 50-day simple moving average is $196.30 and its 200 day simple moving average is $187.40.

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.