Vanguard Growth ETF (NYSEARCA:VUG) Shares Bought by Private Portfolio Partners LLC

Private Portfolio Partners LLC grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 115,010 shares of the company’s stock after acquiring an additional 1,176 shares during the quarter. Vanguard Growth ETF accounts for 8.7% of Private Portfolio Partners LLC’s portfolio, making the stock its largest holding. Private Portfolio Partners LLC’s holdings in Vanguard Growth ETF were worth $47,205,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. First City Capital Management Inc. increased its stake in Vanguard Growth ETF by 30.3% during the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after acquiring an additional 276 shares during the period. Principal Financial Group Inc. acquired a new stake in shares of Vanguard Growth ETF during the 4th quarter worth approximately $2,232,000. Empowered Funds LLC bought a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $236,000. Argentarii LLC acquired a new position in shares of Vanguard Growth ETF in the fourth quarter valued at $710,000. Finally, Paces Ferry Wealth Advisors LLC bought a new position in Vanguard Growth ETF in the fourth quarter worth $218,000.

Vanguard Growth ETF Price Performance

VUG opened at $374.17 on Wednesday. The company has a market capitalization of $370.82 billion, a P/E ratio of 33.17 and a beta of 1.19. The firm’s fifty day moving average price is $402.50 and its two-hundred day moving average price is $402.30. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week high of $429.11.

Vanguard Growth ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.50 per share. This is a positive change from Vanguard Growth ETF’s previous dividend of $0.46. The ex-dividend date of this dividend was Thursday, March 27th.

About Vanguard Growth ETF

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies.