Mainsail Asset Management LLC Cuts Stock Position in Vanguard Dividend Appreciation ETF $VIG

Mainsail Asset Management LLC lessened its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 0.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,895 shares of the company’s stock after selling 130 shares during the quarter. Vanguard Dividend Appreciation ETF makes up approximately 2.4% of Mainsail Asset Management LLC’s portfolio, making the stock its 7th largest holding. Mainsail Asset Management LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,867,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VIG. Sax Wealth Advisors LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 6.9% in the second quarter. Sax Wealth Advisors LLC now owns 15,897 shares of the company’s stock valued at $3,254,000 after purchasing an additional 1,028 shares during the period. Wheelhouse Advisory Group LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 3.9% in the second quarter. Wheelhouse Advisory Group LLC now owns 79,912 shares of the company’s stock valued at $16,356,000 after purchasing an additional 3,004 shares during the period. Colony Family Offices LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 2.2% in the second quarter. Colony Family Offices LLC now owns 32,187 shares of the company’s stock valued at $6,616,000 after purchasing an additional 688 shares during the period. Joel Isaacson & Co. LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 2.5% in the second quarter. Joel Isaacson & Co. LLC now owns 1,273,264 shares of the company’s stock valued at $260,599,000 after purchasing an additional 31,591 shares during the period. Finally, Roundview Capital LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 5.8% in the second quarter. Roundview Capital LLC now owns 13,930 shares of the company’s stock valued at $2,851,000 after purchasing an additional 760 shares during the period.

Vanguard Dividend Appreciation ETF Stock Down 0.2%

NYSEARCA:VIG opened at $217.26 on Wednesday. Vanguard Dividend Appreciation ETF has a 12 month low of $169.32 and a 12 month high of $218.92. The firm has a market cap of $98.57 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. The company’s 50 day moving average is $212.00 and its 200-day moving average is $201.86.

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.