Summit Investment Advisory Services LLC Has $578,000 Stock Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Summit Investment Advisory Services LLC cut its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 7.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,950 shares of the company’s stock after selling 241 shares during the quarter. Summit Investment Advisory Services LLC’s holdings in Vanguard Dividend Appreciation ETF were worth $578,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Atomi Financial Group Inc. boosted its holdings in Vanguard Dividend Appreciation ETF by 2.3% in the third 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. Founders Financial Alliance LLC lifted its holdings in shares of Vanguard Dividend Appreciation ETF by 1.9% in the 2nd quarter. Founders Financial Alliance LLC now owns 7,840 shares of the company’s stock worth $1,431,000 after purchasing an additional 148 shares in the last quarter. Independent Family Office LLC grew its position in Vanguard Dividend Appreciation ETF by 7.7% in the 3rd quarter. Independent Family Office LLC now owns 30,142 shares of the company’s stock valued at $5,938,000 after purchasing an additional 2,164 shares during the period. Millennium Management LLC increased its stake in Vanguard Dividend Appreciation ETF by 251.0% during the 2nd quarter. Millennium Management LLC now owns 22,589 shares of the company’s stock valued at $4,124,000 after purchasing an additional 16,153 shares in the last quarter. Finally, Ridgewood Investments LLC raised its holdings in Vanguard Dividend Appreciation ETF by 12.4% during the third quarter. Ridgewood Investments LLC now owns 4,602 shares of the company’s stock worth $911,000 after buying an additional 508 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of NYSEARCA VIG opened at $202.27 on Friday. Vanguard Dividend Appreciation ETF has a 1 year low of $172.30 and a 1 year high of $205.20. The stock has a market capitalization of $87.45 billion, a P/E ratio of 24.54 and a beta of 0.78. The company has a 50-day moving average price of $199.51 and a 200-day moving average price of $195.83.

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.