Truist Financial Corp Cuts Stake in Vanguard Dividend Appreciation ETF $VIG

Truist Financial Corp lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 860,215 shares of the company’s stock after selling 3,287 shares during the quarter. Truist Financial Corp’s holdings in Vanguard Dividend Appreciation ETF were worth $185,626,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of VIG. Laurel Wealth Advisors LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 20,718.4% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 35,551,585 shares of the company’s stock valued at $7,276,343,000 after buying an additional 35,380,815 shares in the last quarter. Vanguard Group Inc. raised its holdings in Vanguard Dividend Appreciation ETF by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 10,483,137 shares of the company’s stock valued at $2,145,584,000 after acquiring an additional 322,704 shares during the period. Wealthfront Advisers LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 19.5% during the second quarter. Wealthfront Advisers LLC now owns 9,089,642 shares of the company’s stock worth $1,860,377,000 after acquiring an additional 1,486,369 shares in the last quarter. HB Wealth Management LLC boosted its holdings in shares of Vanguard Dividend Appreciation ETF by 5.7% in the third quarter. HB Wealth Management LLC now owns 5,511,314 shares of the company’s stock worth $1,177,196,000 after acquiring an additional 295,707 shares during the period. Finally, Raymond James Financial Inc. grew its position in shares of Vanguard Dividend Appreciation ETF by 0.7% in the second quarter. Raymond James Financial Inc. now owns 5,364,287 shares of the company’s stock valued at $1,097,908,000 after purchasing an additional 34,896 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.1%

Shares of NYSEARCA:VIG opened at $224.45 on Wednesday. Vanguard Dividend Appreciation ETF has a 12 month low of $169.32 and a 12 month high of $225.97. The stock has a market cap of $104.14 billion, a P/E ratio of 23.32 and a beta of 0.85. The company has a 50 day moving average of $221.73 and a 200 day moving average of $216.03.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.