Vanguard Growth ETF (NYSEARCA:VUG) Shares Bought by Grand Wealth Management LLC

Grand Wealth Management LLC grew its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 58.2% during the 4th quarter, Holdings Channel reports. The firm owned 269 shares of the company’s stock after purchasing an additional 99 shares during the quarter. Grand Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $110,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of VUG. Decker Retirement Planning Inc. purchased a new position in Vanguard Growth ETF in the 4th quarter valued at $28,000. Human Investing LLC purchased a new position in shares of Vanguard Growth ETF in the fourth quarter worth about $28,000. Prudent Man Investment Management Inc. acquired a new position in Vanguard Growth ETF during the fourth quarter worth about $30,000. Cardinal Strategic Wealth Guidance acquired a new position in Vanguard Growth ETF during the fourth quarter worth about $33,000. Finally, Providence First Trust Co purchased a new stake in Vanguard Growth ETF during the 4th quarter valued at about $33,000.

Vanguard Growth ETF Stock Up 0.8 %

Shares of VUG opened at $377.29 on Thursday. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11. The stock has a fifty day simple moving average of $401.56 and a two-hundred day simple moving average of $402.12. The company has a market capitalization of $373.91 billion, a PE ratio of 33.17 and a beta of 1.19.

Vanguard Growth ETF Increases Dividend

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

Vanguard Growth ETF Company Profile

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.