Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Stake Reduced by Focus Financial Network Inc.

Focus Financial Network Inc. cut its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 1.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 89,891 shares of the company’s stock after selling 1,232 shares during the quarter. Vanguard Dividend Appreciation ETF comprises about 0.7% of Focus Financial Network Inc.’s investment portfolio, making the stock its 25th biggest holding. Focus Financial Network Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $17,879,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Strategic Financial Concepts LLC increased its stake in Vanguard Dividend Appreciation ETF by 33,295.6% in the 2nd quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock worth $1,601,882,000 after purchasing an additional 8,748,758 shares in the last quarter. Vanguard Group Inc. increased its stake in Vanguard Dividend Appreciation ETF by 5.7% in the 1st 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 in the last quarter. LPL Financial LLC increased its stake in Vanguard Dividend Appreciation ETF by 3.4% in the 2nd quarter. LPL Financial LLC now owns 5,493,858 shares of the company’s stock worth $1,002,904,000 after purchasing an additional 178,692 shares in the last quarter. HB Wealth Management LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 4.5% in the 2nd quarter. HB Wealth Management LLC now owns 4,658,585 shares of the company’s stock valued at $850,425,000 after acquiring an additional 199,355 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in Vanguard Dividend Appreciation ETF by 5.1% in the 3rd quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock worth $732,612,000 after purchasing an additional 178,450 shares during the period.

Vanguard Dividend Appreciation ETF Stock Down 1.4 %

Shares of NYSEARCA:VIG opened at $194.20 on Friday. The company’s fifty day moving average is $196.66 and its two-hundred day moving average is $187.80. The company has a market cap of $83.96 billion, a P/E ratio of 24.54 and a beta of 0.78. Vanguard Dividend Appreciation ETF has a 12-month low of $151.77 and a 12-month high of $201.85.

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.