Sequoia Financial Advisors LLC Buys 12,995 Shares of Vanguard Dividend Appreciation ETF $VIG

Sequoia Financial Advisors LLC increased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 361,475 shares of the company’s stock after buying an additional 12,995 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $77,739,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of Vanguard Dividend Appreciation ETF by 16.2% during the 4th quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock worth $5,437,287,000 after acquiring an additional 3,448,292 shares in the last quarter. M&T Bank Corp grew its holdings in shares of Vanguard Dividend Appreciation ETF by 659.0% in the fourth quarter. M&T Bank Corp now owns 1,212,203 shares of the company’s stock valued at $266,418,000 after purchasing an additional 1,052,498 shares in the last quarter. Corient Private Wealth LLC increased its position in Vanguard Dividend Appreciation ETF by 102.8% in the second quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock worth $358,334,000 after purchasing an additional 887,305 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in Vanguard Dividend Appreciation ETF in the third quarter worth $134,718,000. Finally, Orion Porfolio Solutions LLC raised its stake in Vanguard Dividend Appreciation ETF by 2,949.7% during the second quarter. Orion Porfolio Solutions LLC now owns 392,738 shares of the company’s stock valued at $80,382,000 after purchasing an additional 379,860 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

VIG stock traded up $0.22 during trading on Friday, hitting $238.84. 780,215 shares of the company’s stock traded hands, compared to its average volume of 1,344,967. Vanguard Dividend Appreciation ETF has a 52 week low of $203.17 and a 52 week high of $240.08. The stock has a market capitalization of $111.15 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. The business has a fifty day simple moving average of $233.77 and a 200 day simple moving average of $226.68.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.