TFG Advisers LLC Lowers Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

TFG Advisers LLC reduced its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,772 shares of the company’s stock after selling 185 shares during the quarter. TFG Advisers LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $1,936,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of VIG. Family Firm Inc. bought a new position in Vanguard Dividend Appreciation ETF during the second quarter valued at approximately $25,000. Eagle Bay Advisors LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 1st quarter worth approximately $26,000. 1620 Investment Advisors Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at approximately $26,000. FPC Investment Advisory Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF in the first quarter valued at $30,000. Finally, Providence Capital Advisors LLC bought a new stake in Vanguard Dividend Appreciation ETF in the second quarter worth $33,000.

Vanguard Dividend Appreciation ETF Stock Performance

VIG stock traded down $0.37 during trading on Wednesday, hitting $199.27. 61,075 shares of the company’s stock traded hands, compared to its average volume of 823,112. Vanguard Dividend Appreciation ETF has a 52 week low of $149.67 and a 52 week high of $201.85. The stock has a market capitalization of $86.15 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The business has a fifty day simple moving average of $195.83 and a 200 day simple moving average of $187.00.

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.