Avantax Planning Partners Inc. Decreases Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Avantax Planning Partners Inc. trimmed its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 166,922 shares of the company’s stock after selling 3,894 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for about 1.2% of Avantax Planning Partners Inc.’s holdings, making the stock its 13th largest holding. Avantax Planning Partners Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $32,688,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Strategic Financial Concepts LLC increased its stake in Vanguard Dividend Appreciation ETF by 21,353.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 11,365,874 shares of the company’s stock worth $2,225,779,000 after purchasing an additional 11,312,895 shares during the period. Raymond James Financial Inc. purchased a new position in Vanguard Dividend Appreciation ETF in the 4th quarter worth approximately $1,024,119,000. Proficio Capital Partners LLC increased its stake in Vanguard Dividend Appreciation ETF by 20,620.9% in the 4th quarter. Proficio Capital Partners LLC now owns 2,547,430 shares of the company’s stock worth $498,863,000 after purchasing an additional 2,535,136 shares during the period. Independent Advisor Alliance increased its stake in Vanguard Dividend Appreciation ETF by 19,950.5% in the 4th quarter. Independent Advisor Alliance now owns 397,601 shares of the company’s stock worth $77,862,000 after purchasing an additional 395,618 shares during the period. Finally, LPL Financial LLC increased its stake in Vanguard Dividend Appreciation ETF by 5.7% in the 3rd quarter. LPL Financial LLC now owns 5,808,810 shares of the company’s stock worth $1,150,493,000 after purchasing an additional 314,952 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

Shares of Vanguard Dividend Appreciation ETF stock opened at $196.09 on Tuesday. The business’s 50 day simple moving average is $200.22 and its two-hundred day simple moving average is $199.07. The stock has a market capitalization of $86.90 billion, a P/E ratio of 25.31 and a beta of 0.86. Vanguard Dividend Appreciation ETF has a one year low of $173.17 and a one year high of $205.24.

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.