Raub Brock Capital Management LP Lowers Position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Raub Brock Capital Management LP cut its stake in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 56.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,966 shares of the company’s stock after selling 6,392 shares during the quarter. Vanguard Dividend Appreciation ETF accounts for about 0.2% of Raub Brock Capital Management LP’s portfolio, making the stock its 28th biggest position. Raub Brock Capital Management LP’s holdings in Vanguard Dividend Appreciation ETF were worth $963,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Assetmark Inc. increased its position in shares of Vanguard Dividend Appreciation ETF by 121.5% during the fourth quarter. Assetmark Inc. now owns 6,113 shares of the company’s stock valued at $1,197,000 after acquiring an additional 3,353 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Vanguard Dividend Appreciation ETF by 21.1% during the fourth quarter. Russell Investments Group Ltd. now owns 3,036 shares of the company’s stock valued at $594,000 after purchasing an additional 529 shares during the period. Raymond James Financial Inc. bought a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $1,024,119,000. Chancellor Financial Group WB LP bought a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $840,000. Finally, First Trust Advisors LP bought a new position in Vanguard Dividend Appreciation ETF during the fourth quarter valued at $516,000.

Vanguard Dividend Appreciation ETF Trading Down 1.1%

Shares of NYSEARCA VIG opened at $200.46 on Friday. The stock has a fifty day simple moving average of $192.70 and a two-hundred day simple moving average of $196.40. Vanguard Dividend Appreciation ETF has a 1-year low of $169.32 and a 1-year high of $205.24. The firm has a market cap of $90.37 billion, a price-to-earnings ratio of 24.18 and a beta of 0.86.

Vanguard Dividend Appreciation ETF Profile

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.