Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Shares Sold by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC reduced its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 5.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,061 shares of the company’s stock after selling 244 shares during the quarter. Summit Financial Wealth Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $742,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of VIG. Allspring Global Investments Holdings LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF in the fourth quarter valued at $31,000. Opal Wealth Advisors LLC bought a new position in shares of Vanguard Dividend Appreciation ETF during the 1st quarter valued at about $34,000. VisionPoint Advisory Group LLC acquired a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $38,000. Life Planning Partners Inc bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $42,000. Finally, VitalStone Financial LLC lifted its stake in Vanguard Dividend Appreciation ETF by 435.7% during the third quarter. VitalStone Financial LLC now owns 300 shares of the company’s stock valued at $48,000 after purchasing an additional 244 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of NYSEARCA:VIG traded up $0.05 during midday trading on Monday, reaching $184.04. The company had a trading volume of 885,429 shares, compared to its average volume of 912,134. The company has a fifty day simple moving average of $181.62 and a two-hundred day simple moving average of $177.66. The firm has a market cap of $79.56 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 1-year low of $149.67 and a 1-year high of $186.30.

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.