Wetzel Investment Advisors Inc. Lowers Stock Holdings in Vanguard Dividend Appreciation ETF $VIG

Wetzel Investment Advisors Inc. lowered its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 17.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,711 shares of the company’s stock after selling 2,095 shares during the quarter. Vanguard Dividend Appreciation ETF comprises about 0.9% of Wetzel Investment Advisors Inc.’s holdings, making the stock its 25th largest position. Wetzel Investment Advisors Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $1,996,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Vanguard Dividend Appreciation ETF by 4.6% during the first quarter. Vanguard Group Inc. now owns 10,160,433 shares of the company’s stock worth $1,971,022,000 after buying an additional 451,169 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 10.8% in the 1st quarter. Wealthfront Advisers LLC now owns 7,603,273 shares of the company’s stock valued at $1,474,959,000 after purchasing an additional 738,441 shares in the last quarter. LPL Financial LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 4.5% in the 1st quarter. LPL Financial LLC now owns 6,285,425 shares of the company’s stock valued at $1,219,309,000 after purchasing an additional 269,131 shares in the last quarter. HB Wealth Management LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 9.9% in the 1st quarter. HB Wealth Management LLC now owns 5,349,243 shares of the company’s stock valued at $1,027,305,000 after purchasing an additional 480,314 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in Vanguard Dividend Appreciation ETF by 1.9% in the 1st quarter. Raymond James Financial Inc. now owns 5,329,391 shares of the company’s stock valued at $1,033,848,000 after purchasing an additional 99,758 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Up 0.6%

Shares of VIG opened at $215.79 on Wednesday. Vanguard Dividend Appreciation ETF has a twelve month low of $169.32 and a twelve month high of $217.32. The stock’s 50 day moving average is $211.12 and its two-hundred day moving average is $201.07. The firm has a market capitalization of $97.27 billion, a PE ratio of 23.32 and a beta of 0.85.

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.