Prospect Financial Services LLC Cuts Stock Position in Vanguard Dividend Appreciation ETF $VIG

Prospect Financial Services LLC cut its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,319 shares of the company’s stock after selling 1,113 shares during the quarter. Vanguard Dividend Appreciation ETF makes up approximately 2.7% of Prospect Financial Services LLC’s investment portfolio, making the stock its 11th largest holding. Prospect Financial Services LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $4,568,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Advisors Capital Management LLC grew its position in shares of Vanguard Dividend Appreciation ETF by 10.9% in the 2nd quarter. Advisors Capital Management LLC now owns 15,914 shares of the company’s stock worth $3,257,000 after buying an additional 1,562 shares during the last quarter. Phoenix Wealth Advisors acquired a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at approximately $202,000. Hibernia Wealth Partners LLC boosted its stake in Vanguard Dividend Appreciation ETF by 100.0% in the second quarter. Hibernia Wealth Partners LLC now owns 2,078 shares of the company’s stock valued at $425,000 after acquiring an additional 1,039 shares in the last quarter. Clearstead Trust LLC grew its holdings in Vanguard Dividend Appreciation ETF by 59.0% in the second quarter. Clearstead Trust LLC now owns 854 shares of the company’s stock worth $175,000 after purchasing an additional 317 shares during the last quarter. Finally, Avalon Trust Co increased its position in shares of Vanguard Dividend Appreciation ETF by 107.1% during the second quarter. Avalon Trust Co now owns 2,485 shares of the company’s stock worth $509,000 after purchasing an additional 1,285 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 1.1%

Shares of VIG opened at $217.70 on Friday. The firm has a market cap of $98.70 billion, a PE ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 12 month low of $169.32 and a 12 month high of $220.49. The stock has a fifty day moving average price of $216.32 and a 200-day moving average price of $207.57.

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.