Financial Architects Inc Trims Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Financial Architects Inc decreased its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.6% in the second quarter, HoldingsChannel reports. The institutional investor owned 40,003 shares of the company’s stock after selling 236 shares during the period. Vanguard Dividend Appreciation ETF comprises approximately 0.9% of Financial Architects Inc’s holdings, making the stock its 27th largest position. Financial Architects Inc’s holdings in Vanguard Dividend Appreciation ETF were worth $6,192,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VIG. J. W. Coons Advisors LLC raised its stake in shares of Vanguard Dividend Appreciation ETF by 0.9% during the second quarter. J. W. Coons Advisors LLC now owns 7,413 shares of the company’s stock valued at $1,147,000 after acquiring an additional 65 shares in the last quarter. First PREMIER Bank increased its holdings in Vanguard Dividend Appreciation ETF by 1.2% during the 2nd quarter. First PREMIER Bank now owns 5,770 shares of the company’s stock worth $893,000 after purchasing an additional 66 shares during the period. GPS Wealth Strategies Group LLC increased its holdings in Vanguard Dividend Appreciation ETF by 6.5% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,122 shares of the company’s stock worth $174,000 after purchasing an additional 68 shares during the period. Verity Asset Management Inc. raised its position in Vanguard Dividend Appreciation ETF by 4.8% during the 1st quarter. Verity Asset Management Inc. now owns 1,534 shares of the company’s stock valued at $226,000 after purchasing an additional 70 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 1.1% in the 1st quarter. Gladstone Institutional Advisory LLC now owns 6,580 shares of the company’s stock worth $968,000 after buying an additional 72 shares during the period.

Shares of NYSEARCA:VIG traded up $0.54 during trading hours on Wednesday, hitting $159.68. The company’s stock had a trading volume of 59,131 shares, compared to its average volume of 1,350,690. The firm’s fifty day moving average price is $160.17 and its 200 day moving average price is $154.33. Vanguard Dividend Appreciation ETF has a 52 week low of $124.14 and a 52 week high of $163.25.

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.

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

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