Pinnacle Wealth Management Advisory Group LLC Has $3.35 Million Holdings in Vanguard Dividend Appreciation ETF $VIG

Pinnacle Wealth Management Advisory Group LLC cut its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,371 shares of the company’s stock after selling 419 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $3,351,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Midwest Trust Co purchased a new stake in shares of Vanguard Dividend Appreciation ETF in the 2nd quarter valued at approximately $3,869,000. Global Wealth Management Investment Advisory Inc. purchased a new position in Vanguard Dividend Appreciation ETF during the 2nd quarter worth approximately $276,000. Alpha Financial Advisors LLC raised its stake in Vanguard Dividend Appreciation ETF by 22.3% during the 2nd quarter. Alpha Financial Advisors LLC now owns 1,417 shares of the company’s stock valued at $290,000 after purchasing an additional 258 shares during the period. WESCAP Management Group Inc. raised its stake in Vanguard Dividend Appreciation ETF by 18.8% during the 2nd quarter. WESCAP Management Group Inc. now owns 8,083 shares of the company’s stock valued at $1,654,000 after purchasing an additional 1,279 shares during the period. Finally, Titan Global Capital Management USA LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 27.6% in the second quarter. Titan Global Capital Management USA LLC now owns 47,240 shares of the company’s stock valued at $9,669,000 after purchasing an additional 10,224 shares in the last quarter.

Vanguard Dividend Appreciation ETF Stock Up 0.1%

Shares of Vanguard Dividend Appreciation ETF stock opened at $215.64 on Friday. The stock has a market cap of $97.76 billion, a PE ratio of 23.32 and a beta of 0.85. The business has a fifty day simple moving average of $215.70 and a 200-day simple moving average of $206.85. Vanguard Dividend Appreciation ETF has a 12 month low of $169.32 and a 12 month high of $220.49.

Vanguard Dividend Appreciation ETF Company 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.