Cullen Frost Bankers Inc. Has $3.16 Million Stock Holdings in Vanguard Dividend Appreciation ETF $VIG

Cullen Frost Bankers Inc. increased its position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 437.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 14,362 shares of the company’s stock after purchasing an additional 11,691 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Vanguard Dividend Appreciation ETF were worth $3,156,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $31,000. Investment Research & Advisory Group Inc. acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $31,000. Garner Asset Management Corp acquired a new stake in Vanguard Dividend Appreciation ETF during the fourth quarter worth about $35,000. Clear Investment Research LLC bought a new position in Vanguard Dividend Appreciation ETF during the third quarter worth about $38,000. Finally, Washington Trust Advisors Inc. lifted its stake in Vanguard Dividend Appreciation ETF by 46.9% during the third quarter. Washington Trust Advisors Inc. now owns 188 shares of the company’s stock worth $40,000 after purchasing an additional 60 shares during the period.

Vanguard Dividend Appreciation ETF Stock Up 0.2%

Shares of VIG opened at $231.05 on Friday. The stock has a market cap of $106.63 billion, a price-to-earnings ratio of 23.32 and a beta of 0.82. Vanguard Dividend Appreciation ETF has a 12 month low of $193.01 and a 12 month high of $231.32. The company has a 50-day moving average price of $222.60 and a two-hundred day moving average price of $222.54.

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