Modera Wealth Management LLC Sells 1,722 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Modera Wealth Management LLC lowered its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 77,821 shares of the company’s stock after selling 1,722 shares during the quarter. Vanguard Dividend Appreciation ETF makes up about 1.6% of Modera Wealth Management LLC’s investment portfolio, making the stock its 14th largest position. Modera Wealth Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $8,962,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of VIG. Providence Capital Advisors LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 150.0% in the 1st quarter. Providence Capital Advisors LLC now owns 255 shares of the company’s stock worth $28,000 after buying an additional 153 shares during the period. Lenox Wealth Management Inc. boosted its holdings in Vanguard Dividend Appreciation ETF by 104.5% in the 2nd quarter. Lenox Wealth Management Inc. now owns 272 shares of the company’s stock worth $31,000 after buying an additional 139 shares during the period. Investors Research Corp bought a new position in Vanguard Dividend Appreciation ETF in the 1st quarter worth $34,000. RPg Family Wealth Advisory LLC bought a new position in Vanguard Dividend Appreciation ETF in the 1st quarter worth $42,000. Finally, Canton Hathaway LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 73.8% in the 2nd quarter. Canton Hathaway LLC now owns 391 shares of the company’s stock worth $45,000 after buying an additional 166 shares during the period.

Vanguard Dividend Appreciation ETF stock traded down $2.86 during mid-day trading on Friday, hitting $115.08. The stock had a trading volume of 1,003,879 shares, compared to its average volume of 925,548. The firm’s 50 day moving average is $117.26 and its 200 day moving average is $112.40. Vanguard Dividend Appreciation ETF has a one year low of $91.68 and a one year high of $119.66.

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.

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Institutional Ownership by Quarter for Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

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