Palo Alto Wealth Advisors LLC Decreases Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Palo Alto Wealth Advisors LLC reduced its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 3.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,798 shares of the company’s stock after selling 141 shares during the quarter. Vanguard Dividend Appreciation ETF comprises 0.3% of Palo Alto Wealth Advisors LLC’s investment portfolio, making the stock its 22nd largest position. Palo Alto Wealth Advisors LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $760,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Family Firm Inc. purchased a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $25,000. Eagle Bay Advisors LLC bought a new position in Vanguard Dividend Appreciation ETF in the 1st quarter valued at approximately $26,000. 1620 Investment Advisors Inc. purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the second quarter valued at $26,000. Providence Capital Advisors LLC bought a new stake in shares of Vanguard Dividend Appreciation ETF in the second quarter worth approximately $33,000. Finally, HighMark Wealth Management LLC grew its position in Vanguard Dividend Appreciation ETF by 371.8% in the 2nd quarter. HighMark Wealth Management LLC now owns 184 shares of the company’s stock worth $34,000 after purchasing an additional 145 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

Vanguard Dividend Appreciation ETF stock traded down $0.31 during mid-day trading on Thursday, reaching $201.30. 836,094 shares of the stock traded hands, compared to its average volume of 822,856. Vanguard Dividend Appreciation ETF has a 12-month low of $161.43 and a 12-month high of $203.80. The stock has a market capitalization of $87.03 billion, a PE ratio of 24.54 and a beta of 0.78. The business’s 50-day moving average is $197.65 and its 200-day moving average is $189.44.

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.