Vanguard Growth ETF (NYSEARCA:VUG) Shares Bought by Covington Investment Advisors Inc.

Covington Investment Advisors Inc. raised its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,063 shares of the company’s stock after acquiring an additional 153 shares during the quarter. Covington Investment Advisors Inc.’s holdings in Vanguard Growth ETF were worth $3,309,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VUG. First City Capital Management Inc. increased its holdings in shares of Vanguard Growth ETF by 30.3% during the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock worth $487,000 after buying an additional 276 shares during the last quarter. Principal Financial Group Inc. purchased a new position in Vanguard Growth ETF during the 4th quarter valued at about $2,232,000. Empowered Funds LLC acquired a new position in Vanguard Growth ETF in the 4th quarter valued at about $236,000. Argentarii LLC acquired a new position in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $710,000. Finally, O Dell Group LLC lifted its holdings in Vanguard Growth ETF by 12.5% during the 4th quarter. O Dell Group LLC now owns 2,245 shares of the company’s stock worth $922,000 after buying an additional 249 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG stock opened at $380.59 on Friday. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $429.11. The firm has a market capitalization of $377.18 billion, a P/E ratio of 35.10 and a beta of 1.14. The business’s 50-day moving average is $405.20 and its two-hundred day moving average is $401.77.

Vanguard Growth ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a $0.50 dividend. The ex-dividend date is Thursday, March 27th. This is a boost from Vanguard Growth ETF’s previous dividend of $0.46.

Vanguard Growth ETF 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.