Institute for Wealth Management LLC. Raises Stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Institute for Wealth Management LLC. increased its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 9.1% during the second quarter, according to its most recent filing with the SEC. The fund owned 5,926 shares of the company’s stock after buying an additional 494 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard Dividend Appreciation ETF were worth $694,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Advisor Group Holdings Inc. purchased a new stake in Vanguard Dividend Appreciation ETF during the first quarter valued at about $128,901,000. Citigroup Inc. lifted its holdings in Vanguard Dividend Appreciation ETF by 648.9% during the first quarter. Citigroup Inc. now owns 2,047,910 shares of the company’s stock valued at $211,733,000 after purchasing an additional 1,774,437 shares during the last quarter. Morgan Stanley lifted its holdings in Vanguard Dividend Appreciation ETF by 9.4% during the first quarter. Morgan Stanley now owns 8,940,925 shares of the company’s stock valued at $924,402,000 after purchasing an additional 767,767 shares during the last quarter. Colony Group LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 366.0% during the first quarter. Colony Group LLC now owns 921,661 shares of the company’s stock valued at $95,291,000 after purchasing an additional 723,891 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Vanguard Dividend Appreciation ETF by 63.1% during the first quarter. Bank of New York Mellon Corp now owns 1,809,010 shares of the company’s stock valued at $187,034,000 after purchasing an additional 699,636 shares during the last quarter.

NYSEARCA VIG traded down $0.44 during trading on Friday, hitting $123.01. 1,140,966 shares of the company’s stock traded hands, compared to its average volume of 1,894,081. Vanguard Dividend Appreciation ETF has a 12-month low of $87.71 and a 12-month high of $130.91. The business has a 50 day moving average of $119.03 and a 200-day moving average of $117.00.

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.

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

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