Vanguard Dividend Appreciation ETF $VIG Shares Sold by Bank of America Corp DE

Bank of America Corp DE lessened its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 2.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,321,144 shares of the company’s stock after selling 553,780 shares during the quarter. Bank of America Corp DE owned approximately 4.73% of Vanguard Dividend Appreciation ETF worth $4,363,798,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC lifted its stake in Vanguard Dividend Appreciation ETF by 20,718.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 35,551,585 shares of the company’s stock valued at $7,276,343,000 after buying an additional 35,380,815 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Vanguard Dividend Appreciation ETF by 3.2% during the second quarter. Vanguard Group Inc. now owns 10,483,137 shares of the company’s stock valued at $2,145,584,000 after acquiring an additional 322,704 shares during the last quarter. Wealthfront Advisers LLC lifted its position in shares of Vanguard Dividend Appreciation ETF by 19.5% in the second quarter. Wealthfront Advisers LLC now owns 9,089,642 shares of the company’s stock valued at $1,860,377,000 after acquiring an additional 1,486,369 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Vanguard Dividend Appreciation ETF by 0.7% in the second quarter. Raymond James Financial Inc. now owns 5,364,287 shares of the company’s stock valued at $1,097,908,000 after acquiring an additional 34,896 shares in the last quarter. Finally, Prudential Financial Inc. boosted its stake in shares of Vanguard Dividend Appreciation ETF by 2.1% in the second quarter. Prudential Financial Inc. now owns 4,068,122 shares of the company’s stock worth $832,623,000 after acquiring an additional 83,016 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG opened at $222.08 on Friday. The stock has a 50 day moving average price of $218.04 and a 200 day moving average price of $211.27. Vanguard Dividend Appreciation ETF has a one year low of $169.32 and a one year high of $224.59. The stock has a market capitalization of $100.68 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85.

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.