GEN Financial Management INC. Has $19.46 Million Stake in Vanguard Dividend Appreciation ETF $VIG

GEN Financial Management INC. cut its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 10.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 90,080 shares of the company’s stock after selling 10,470 shares during the period. Vanguard Dividend Appreciation ETF accounts for 16.8% of GEN Financial Management INC.’s portfolio, making the stock its largest holding. GEN Financial Management INC.’s holdings in Vanguard Dividend Appreciation ETF were worth $19,463,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Penobscot Investment Management Company Inc. lifted its holdings in Vanguard Dividend Appreciation ETF by 4.2% during the 2nd quarter. Penobscot Investment Management Company Inc. now owns 2,480 shares of the company’s stock valued at $508,000 after purchasing an additional 100 shares during the last quarter. Websterrogers Financial Advisors LLC increased its holdings in shares of Vanguard Dividend Appreciation ETF by 6.7% in the third quarter. Websterrogers Financial Advisors LLC now owns 57,998 shares of the company’s stock valued at $12,515,000 after purchasing an additional 3,638 shares during the last quarter. Crane Advisory LLC raised its position in shares of Vanguard Dividend Appreciation ETF by 2.3% in the third quarter. Crane Advisory LLC now owns 137,804 shares of the company’s stock valued at $29,880,000 after purchasing an additional 3,080 shares during the period. Atlantic Union Bankshares Corp bought a new position in shares of Vanguard Dividend Appreciation ETF in the second quarter valued at about $2,171,000. Finally, Alpha Financial Advisors LLC lifted its stake in shares of Vanguard Dividend Appreciation ETF by 22.3% during the 2nd quarter. Alpha Financial Advisors LLC now owns 1,417 shares of the company’s stock worth $290,000 after buying an additional 258 shares during the last quarter.

Vanguard Dividend Appreciation ETF Stock Performance

Shares of VIG stock opened at $222.39 on Friday. Vanguard Dividend Appreciation ETF has a 52 week low of $169.32 and a 52 week high of $224.59. The company has a market capitalization of $100.82 billion, a price-to-earnings ratio of 23.32 and a beta of 0.85. The company has a 50-day simple moving average of $218.88 and a 200 day simple moving average of $212.66.

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