Spectrum Investment Advisors Inc. Lowers Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Spectrum Investment Advisors Inc. lessened its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 13.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,201 shares of the company’s stock after selling 191 shares during the period. Vanguard Dividend Appreciation ETF comprises 0.2% of Spectrum Investment Advisors Inc.’s portfolio, making the stock its 21st largest holding. Spectrum Investment Advisors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $238,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Russell Investments Group Ltd. increased its stake in shares of Vanguard Dividend Appreciation ETF by 275.6% during the 1st quarter. Russell Investments Group Ltd. now owns 939 shares of the company’s stock valued at $171,000 after acquiring an additional 689 shares during the last quarter. Orion Portfolio Solutions LLC increased its position in Vanguard Dividend Appreciation ETF by 0.4% during the first quarter. Orion Portfolio Solutions LLC now owns 16,077 shares of the company’s stock worth $2,936,000 after purchasing an additional 63 shares during the last quarter. Vanguard Group Inc. raised its stake in Vanguard Dividend Appreciation ETF by 5.7% during the first quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock worth $1,576,895,000 after purchasing an additional 466,457 shares during the period. TIAA Trust National Association grew its stake in shares of Vanguard Dividend Appreciation ETF by 8.6% during the 1st quarter. TIAA Trust National Association now owns 30,951 shares of the company’s stock valued at $5,652,000 after buying an additional 2,455 shares during the period. Finally, Osaic Holdings Inc. grew its stake in shares of Vanguard Dividend Appreciation ETF by 5.5% during the 1st quarter. Osaic Holdings Inc. now owns 1,430,951 shares of the company’s stock valued at $261,378,000 after buying an additional 74,838 shares during the period.

Vanguard Dividend Appreciation ETF Trading Down 0.8 %

Shares of VIG opened at $198.69 on Friday. The stock’s fifty day simple moving average is $197.97 and its 200 day simple moving average is $189.66. Vanguard Dividend Appreciation ETF has a twelve month low of $161.43 and a twelve month high of $203.80. The firm has a market capitalization of $85.90 billion, a P/E ratio of 24.54 and a beta of 0.78.

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.