Cullen Frost Bankers Inc. Cuts Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Cullen Frost Bankers Inc. lessened its holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 52.3% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 615 shares of the company’s stock after selling 674 shares during the period. Cullen Frost Bankers Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $112,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Evoke Wealth LLC lifted its stake in Vanguard Dividend Appreciation ETF by 2,347.2% in the fourth quarter. Evoke Wealth LLC now owns 3,039,793 shares of the company’s stock valued at $517,981,000 after purchasing an additional 2,915,578 shares during the last quarter. Cetera Investment Advisers raised its holdings in Vanguard Dividend Appreciation ETF by 505.7% during the 1st quarter. Cetera Investment Advisers now owns 813,293 shares of the company’s stock valued at $148,515,000 after acquiring an additional 679,010 shares during the period. HB Wealth Management LLC raised its holdings in Vanguard Dividend Appreciation ETF by 15.9% during the 1st quarter. HB Wealth Management LLC now owns 4,459,230 shares of the company’s stock valued at $814,295,000 after acquiring an additional 612,202 shares during the period. Vanguard Group Inc. raised its holdings in Vanguard Dividend Appreciation ETF by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 8,635,317 shares of the company’s stock valued at $1,576,895,000 after acquiring an additional 466,457 shares during the period. Finally, Annex Advisory Services LLC raised its holdings in Vanguard Dividend Appreciation ETF by 79.5% during the 1st quarter. Annex Advisory Services LLC now owns 898,754 shares of the company’s stock valued at $164,121,000 after acquiring an additional 398,116 shares during the period.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock opened at $193.07 on Wednesday. The company’s fifty day simple moving average is $188.91 and its two-hundred day simple moving average is $183.22. Vanguard Dividend Appreciation ETF has a 1 year low of $149.67 and a 1 year high of $196.24. The stock has a market capitalization of $83.47 billion, a price-to-earnings ratio of 24.54 and a beta of 0.78.

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.