Cynosure Group LLC Sells 3,357 Shares of Vanguard Dividend Appreciation ETF $VIG

Cynosure Group LLC lowered its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 50.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,286 shares of the company’s stock after selling 3,357 shares during the period. Cynosure Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $673,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Penobscot Investment Management Company Inc. increased its holdings in Vanguard Dividend Appreciation ETF by 4.2% during the 2nd quarter. Penobscot Investment Management Company Inc. now owns 2,480 shares of the company’s stock valued at $508,000 after purchasing an additional 100 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter worth approximately $2,171,000. Alpha Financial Advisors LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 22.3% during the second quarter. Alpha Financial Advisors LLC now owns 1,417 shares of the company’s stock valued at $290,000 after buying an additional 258 shares during the period. Accredited Wealth Management LLC increased its stake in shares of Vanguard Dividend Appreciation ETF by 10.0% during the first quarter. Accredited Wealth Management LLC now owns 25,022 shares of the company’s stock valued at $4,854,000 after buying an additional 2,270 shares during the period. Finally, Capital Investment Advisors LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 0.6% during the second quarter. Capital Investment Advisors LLC now owns 55,037 shares of the company’s stock valued at $11,264,000 after acquiring an additional 340 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 1.0%

NYSEARCA:VIG opened at $215.26 on Friday. The firm’s fifty day simple moving average is $216.43 and its 200 day simple moving average is $208.70. The stock has a market cap of $97.59 billion, a P/E ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $220.49.

Vanguard Dividend Appreciation ETF 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.