Cynosure Group LLC Lowers Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cynosure Group LLC trimmed its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 37.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 4,165 shares of the company’s stock after selling 2,478 shares during the quarter. Cynosure Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $825,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Family Firm Inc. bought a new stake in Vanguard Dividend Appreciation ETF during the second quarter valued at about $25,000. 1620 Investment Advisors Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter valued at about $26,000. Peterson Financial Group Inc. purchased a new position in Vanguard Dividend Appreciation ETF during the third quarter valued at approximately $29,000. Providence Capital Advisors LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the second quarter worth about $33,000. Finally, HighMark Wealth Management LLC grew its holdings in Vanguard Dividend Appreciation ETF by 371.8% in the second quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock valued at $34,000 after purchasing an additional 145 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 0.1 %

Shares of NYSEARCA VIG opened at $204.23 on Wednesday. The firm has a market cap of $88.29 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. The company’s 50-day simple moving average is $198.89 and its 200-day simple moving average is $190.99. Vanguard Dividend Appreciation ETF has a 52-week low of $162.98 and a 52-week high of $204.38.

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.