Sequoia Financial Advisors LLC Purchases 9,930 Shares of Vanguard Dividend Appreciation ETF $VIG

Sequoia Financial Advisors LLC increased its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 371,405 shares of the company’s stock after buying an additional 9,930 shares during the period. Sequoia Financial Advisors LLC owned 0.08% of Vanguard Dividend Appreciation ETF worth $87,882,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 92.5% in the fourth quarter. Brighton Jones LLC now owns 34,563 shares of the company’s stock valued at $6,768,000 after purchasing an additional 16,606 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Vanguard Dividend Appreciation ETF by 12.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,066 shares of the company’s stock valued at $992,000 after purchasing an additional 577 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Vanguard Dividend Appreciation ETF by 4.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,218 shares of the company’s stock valued at $659,000 after purchasing an additional 143 shares during the last quarter. First Trust Advisors LP lifted its stake in Vanguard Dividend Appreciation ETF by 87.1% in the second quarter. First Trust Advisors LP now owns 4,826 shares of the company’s stock valued at $988,000 after buying an additional 2,246 shares during the period. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Vanguard Dividend Appreciation ETF during the 2nd quarter worth about $993,000.

Vanguard Dividend Appreciation ETF Trading Down 0.5%

NYSEARCA:VIG opened at $238.84 on Thursday. Vanguard Dividend Appreciation ETF has a 1 year low of $210.01 and a 1 year high of $247.45. The stock has a 50-day moving average price of $241.27 and a two-hundred day moving average price of $231.91. The stock has a market cap of $111.15 billion, a price-to-earnings ratio of 23.32 and a beta of 0.81.

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. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.