Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Shares Acquired by Spinnaker Investment Group LLC

Spinnaker Investment Group LLC lifted its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 6.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 10,881 shares of the company’s stock after acquiring an additional 699 shares during the period. Vanguard Dividend Appreciation ETF comprises about 0.5% of Spinnaker Investment Group LLC’s holdings, making the stock its 18th biggest position. Spinnaker Investment Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $2,155,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VIG. Family Firm Inc. acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the second quarter worth $25,000. 1620 Investment Advisors Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF in the second quarter worth about $26,000. Providence Capital Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the second quarter worth about $33,000. HighMark Wealth Management LLC increased its holdings in Vanguard Dividend Appreciation ETF by 371.8% in the 2nd quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock worth $34,000 after buying an additional 145 shares during the period. Finally, American National Bank lifted its stake in Vanguard Dividend Appreciation ETF by 146.7% during the 2nd quarter. American National Bank now owns 264 shares of the company’s stock valued at $48,000 after acquiring an additional 157 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $198.69 on Friday. The firm’s fifty day moving average is $197.97 and its two-hundred day moving average is $189.77. The firm has a market cap of $85.90 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a one year low of $161.43 and a one year high of $203.80.

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.