Beacon Financial Group Decreases Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Beacon Financial Group reduced its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 8.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 45,953 shares of the company’s stock after selling 4,407 shares during the period. Vanguard Dividend Appreciation ETF accounts for about 1.0% of Beacon Financial Group’s portfolio, making the stock its 23rd largest position. Beacon Financial Group’s holdings in Vanguard Dividend Appreciation ETF were worth $8,999,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VIG. Strategic Financial Concepts LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 21,353.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock valued at $2,225,779,000 after acquiring an additional 11,312,895 shares in the last quarter. LPL Financial LLC grew its position in Vanguard Dividend Appreciation ETF by 5.7% during the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after purchasing an additional 314,952 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Vanguard Dividend Appreciation ETF by 28.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,199,854 shares of the company’s stock valued at $237,643,000 after purchasing an additional 264,483 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 53.3% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 587,326 shares of the company’s stock worth $115,016,000 after buying an additional 204,136 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. lifted its stake in shares of Vanguard Dividend Appreciation ETF by 108.2% during the third quarter. Mesirow Financial Investment Management Inc. now owns 345,254 shares of the company’s stock worth $68,381,000 after buying an additional 179,441 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG opened at $204.19 on Wednesday. The firm has a market capitalization of $88.28 billion, a PE ratio of 24.54 and a beta of 0.78. The company’s fifty day moving average price is $199.51 and its 200-day moving average price is $197.11. Vanguard Dividend Appreciation ETF has a 1-year low of $172.54 and a 1-year high of $205.20.

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.