Independent Wealth Network Inc. Has $722,000 Stock Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Independent Wealth Network Inc. decreased its holdings in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.5% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 4,444 shares of the company’s stock after selling 116 shares during the period. Independent Wealth Network Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $722,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Moneta Group Investment Advisors LLC raised its holdings in Vanguard Dividend Appreciation ETF by 131,442.0% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 11,075,838 shares of the company’s stock worth $1,681,866,000 after buying an additional 11,067,418 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 5.0% in the first quarter. Vanguard Group Inc. now owns 7,185,870 shares of the company’s stock valued at $1,165,261,000 after purchasing an additional 344,832 shares during the last quarter. UBS Group AG raised its holdings in shares of Vanguard Dividend Appreciation ETF by 0.6% in the first quarter. UBS Group AG now owns 6,362,366 shares of the company’s stock valued at $979,868,000 after purchasing an additional 40,646 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Dividend Appreciation ETF by 3.9% in the first quarter. Wealthfront Advisers LLC now owns 5,942,941 shares of the company’s stock valued at $963,707,000 after purchasing an additional 224,856 shares during the last quarter. Finally, First Republic Investment Management Inc. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 49.0% in the fourth quarter. First Republic Investment Management Inc. now owns 4,226,752 shares of the company’s stock valued at $641,832,000 after purchasing an additional 1,389,528 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock traded down $0.95 on Tuesday, hitting $160.61. The stock had a trading volume of 372,620 shares, compared to its average volume of 1,091,392. The business has a 50 day moving average of $162.99 and a 200 day moving average of $158.06. The stock has a market cap of $68.61 billion, a price-to-earnings ratio of 20.10 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 12-month low of $132.64 and a 12-month high of $167.33.

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.