Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) is Rovin Capital UT ADV’s 3rd Largest Position

Rovin Capital UT ADV reduced its position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) by 4.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,700 shares of the company’s stock after selling 3,237 shares during the period. Vanguard Dividend Appreciation ETF accounts for about 4.4% of Rovin Capital UT ADV’s investment portfolio, making the stock its 3rd biggest position. Rovin Capital UT ADV’s holdings in Vanguard Dividend Appreciation ETF were worth $13,715,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC grew its stake in shares of Vanguard Dividend Appreciation ETF by 284.3% in the 4th quarter. Wealthfront Advisers LLC now owns 26,221,100 shares of the company’s stock worth $5,134,878,000 after buying an additional 19,397,896 shares in the last quarter. Castlekeep Investment Advisors LLC purchased a new stake in shares of Vanguard Dividend Appreciation ETF during the 4th quarter valued at about $1,253,526,000. Raymond James Financial Inc. bought a new position in shares of Vanguard Dividend Appreciation ETF in the 4th quarter valued at about $1,024,119,000. Bank of America Corp DE grew its position in Vanguard Dividend Appreciation ETF by 17.1% in the fourth quarter. Bank of America Corp DE now owns 24,743,391 shares of the company’s stock worth $4,845,498,000 after acquiring an additional 3,605,152 shares in the last quarter. Finally, Prudential Financial Inc. increased its stake in Vanguard Dividend Appreciation ETF by 7,822.0% during the fourth quarter. Prudential Financial Inc. now owns 1,604,684 shares of the company’s stock worth $314,245,000 after acquiring an additional 1,584,428 shares during the last quarter.

Vanguard Dividend Appreciation ETF Price Performance

Shares of VIG stock opened at $204.67 on Tuesday. The company has a market cap of $92.24 billion, a PE ratio of 23.32 and a beta of 0.85. Vanguard Dividend Appreciation ETF has a 1 year low of $169.32 and a 1 year high of $205.24. The stock’s 50 day simple moving average is $196.69 and its two-hundred day simple moving average is $196.20.

Vanguard Dividend Appreciation ETF Company 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.