Pinnacle Associates Ltd. Has $5.72 Million Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Pinnacle Associates Ltd. decreased its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 17.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,893 shares of the company’s stock after selling 6,001 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Vanguard Dividend Appreciation ETF were worth $5,723,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Embree Financial Group raised its holdings in Vanguard Dividend Appreciation ETF by 0.3% during the 3rd quarter. Embree Financial Group now owns 18,010 shares of the company’s stock worth $3,567,000 after purchasing an additional 50 shares during the last quarter. JGP Wealth Management LLC increased its position in shares of Vanguard Dividend Appreciation ETF by 1.5% during the third quarter. JGP Wealth Management LLC now owns 3,502 shares of the company’s stock worth $694,000 after buying an additional 51 shares during the period. Ascent Group LLC raised its stake in Vanguard Dividend Appreciation ETF by 1.7% during the second quarter. Ascent Group LLC now owns 3,154 shares of the company’s stock worth $576,000 after buying an additional 53 shares during the last quarter. Bridge Creek Capital Management LLC lifted its holdings in Vanguard Dividend Appreciation ETF by 1.7% in the third quarter. Bridge Creek Capital Management LLC now owns 3,248 shares of the company’s stock valued at $643,000 after buying an additional 55 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in Vanguard Dividend Appreciation ETF by 2.2% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,605 shares of the company’s stock valued at $516,000 after acquiring an additional 55 shares during the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.2 %

Shares of Vanguard Dividend Appreciation ETF stock opened at $196.99 on Thursday. The business has a 50-day moving average price of $196.62 and a two-hundred day moving average price of $187.76. Vanguard Dividend Appreciation ETF has a 1-year low of $151.77 and a 1-year high of $201.85. The company has a market cap of $85.16 billion, a P/E ratio of 24.54 and a beta of 0.78.

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.