Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) Position Lifted by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC raised its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 779.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 76,445 shares of the company’s stock after purchasing an additional 67,751 shares during the period. Vanguard Dividend Appreciation ETF accounts for approximately 0.7% of Gladstone Institutional Advisory LLC’s holdings, making the stock its 28th biggest holding. Gladstone Institutional Advisory LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $15,141,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Strategic Financial Concepts LLC raised its stake in Vanguard Dividend Appreciation ETF by 33,295.6% during the second quarter. Strategic Financial Concepts LLC now owns 8,775,034 shares of the company’s stock valued at $1,601,882,000 after buying an additional 8,748,758 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Vanguard Dividend Appreciation ETF by 5.7% in the 1st quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock valued at $1,576,895,000 after acquiring an additional 466,457 shares during the last quarter. LPL Financial LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 3.4% during the 2nd quarter. LPL Financial LLC now owns 5,493,858 shares of the company’s stock valued at $1,002,904,000 after acquiring an additional 178,692 shares in the last quarter. HB Wealth Management LLC boosted its holdings in Vanguard Dividend Appreciation ETF by 4.5% in the second quarter. HB Wealth Management LLC now owns 4,658,585 shares of the company’s stock worth $850,425,000 after purchasing an additional 199,355 shares during the period. Finally, Raymond James & Associates increased its stake in Vanguard Dividend Appreciation ETF by 5.1% during the third quarter. Raymond James & Associates now owns 3,698,942 shares of the company’s stock valued at $732,612,000 after purchasing an additional 178,450 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA:VIG traded up $1.91 during trading on Friday, reaching $196.10. 241,790 shares of the company’s stock traded hands, compared to its average volume of 817,456. The company has a 50 day moving average of $196.66 and a 200-day moving average of $187.80. Vanguard Dividend Appreciation ETF has a 12 month low of $154.84 and a 12 month high of $201.85. The stock has a market capitalization of $84.78 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.