Sunpointe LLC Has $5.64 Million Stock Position in Vanguard Dividend Appreciation ETF $VIG

Sunpointe LLC lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 11.5% during the second quarter, Holdings Channel reports. The fund owned 23,841 shares of the company’s stock after selling 3,093 shares during the period. Vanguard Dividend Appreciation ETF makes up approximately 1.6% of Sunpointe LLC’s holdings, making the stock its 15th biggest holding. Sunpointe LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $5,641,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Atlatl Advisers LLC bought a new position in shares of Vanguard Dividend Appreciation ETF in the second quarter worth about $27,000. Scarborough Advisors LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF during the first quarter valued at approximately $28,000. AG Campbell Advisory LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF during the fourth quarter valued at approximately $30,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $31,000. Finally, Garner Asset Management Corp acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at approximately $35,000.

Vanguard Dividend Appreciation ETF Price Performance

VIG stock opened at $243.91 on Friday. The company has a 50 day moving average price of $239.49 and a 200 day moving average price of $230.52. Vanguard Dividend Appreciation ETF has a fifty-two week low of $208.73 and a fifty-two week high of $247.45. The stock has a market capitalization of $113.51 billion, a PE ratio of 23.32 and a beta of 0.81.

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