Avantax Planning Partners Inc. Reduces Stake in Vanguard Dividend Appreciation ETF $VIG

Avantax Planning Partners Inc. cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 22.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 174,460 shares of the company’s stock after selling 50,797 shares during the quarter. Vanguard Dividend Appreciation ETF comprises approximately 1.0% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 21st biggest position. Avantax Planning Partners Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $37,519,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in Vanguard Dividend Appreciation ETF by 16.2% in the 4th quarter. Bank of America Corp DE now owns 24,739,680 shares of the company’s stock valued at $5,437,287,000 after purchasing an additional 3,448,292 shares during the last quarter. M&T Bank Corp grew its stake in shares of Vanguard Dividend Appreciation ETF by 659.0% in the 4th quarter. M&T Bank Corp now owns 1,212,203 shares of the company’s stock valued at $266,418,000 after buying an additional 1,052,498 shares during the period. Corient Private Wealth LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 102.8% during the 2nd quarter. Corient Private Wealth LLC now owns 1,750,677 shares of the company’s stock worth $358,334,000 after buying an additional 887,305 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the 3rd quarter worth approximately $134,718,000. Finally, Orion Porfolio Solutions LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 2,949.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 392,738 shares of the company’s stock valued at $80,382,000 after buying an additional 379,860 shares during the period.

Vanguard Dividend Appreciation ETF Stock Performance

VIG stock opened at $238.48 on Tuesday. Vanguard Dividend Appreciation ETF has a one year low of $203.17 and a one year high of $240.08. The firm has a market cap of $110.98 billion, a PE ratio of 23.32 and a beta of 0.82. The firm’s 50 day moving average price is $233.96 and its 200-day moving average price is $226.85.

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