Spinnaker Investment Group LLC Buys 699 Shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Spinnaker Investment Group LLC grew its stake in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 6.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,881 shares of the company’s stock after acquiring an additional 699 shares during the period. Vanguard Dividend Appreciation ETF comprises approximately 0.5% of Spinnaker Investment Group LLC’s investment portfolio, making the stock its 18th biggest holding. Spinnaker Investment Group LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $2,155,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. QRG Capital Management Inc. lifted its stake in Vanguard Dividend Appreciation ETF by 2.0% in the second quarter. QRG Capital Management Inc. now owns 4,784 shares of the company’s stock worth $873,000 after acquiring an additional 93 shares during the period. Atomi Financial Group Inc. raised its position in shares of Vanguard Dividend Appreciation ETF by 2.3% in the 3rd quarter. Atomi Financial Group Inc. now owns 10,731 shares of the company’s stock worth $2,125,000 after acquiring an additional 244 shares in the last quarter. Fairhaven Wealth Management LLC boosted its position in Vanguard Dividend Appreciation ETF by 1.4% during the second quarter. Fairhaven Wealth Management LLC now owns 9,624 shares of the company’s stock valued at $1,757,000 after purchasing an additional 137 shares in the last quarter. Founders Financial Alliance LLC grew its stake in Vanguard Dividend Appreciation ETF by 1.9% in the second quarter. Founders Financial Alliance LLC now owns 7,840 shares of the company’s stock valued at $1,431,000 after purchasing an additional 148 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Vanguard Dividend Appreciation ETF by 5.7% during the first quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock valued at $1,576,895,000 after buying an additional 466,457 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

NYSEARCA:VIG opened at $198.69 on Friday. The stock has a market capitalization of $85.90 billion, a P/E ratio of 24.54 and a beta of 0.78. The company’s 50-day simple moving average is $197.97 and its 200-day simple moving average is $189.77. Vanguard Dividend Appreciation ETF has a fifty-two week low of $161.43 and a fifty-two week high of $203.80.

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.