Grand Wealth Management LLC Boosts Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Grand Wealth Management LLC boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 58.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VUG. Milestone Investment Advisors LLC raised its holdings in shares of Vanguard Growth ETF by 2.3% during the 4th quarter. Milestone Investment Advisors LLC now owns 48,190 shares of the company’s stock worth $19,779,000 after acquiring an additional 1,073 shares in the last quarter. Venture Visionary Partners LLC increased its position in Vanguard Growth ETF by 2.5% in the fourth quarter. Venture Visionary Partners LLC now owns 162,568 shares of the company’s stock worth $66,738,000 after purchasing an additional 4,040 shares during the last quarter. Disciplined Investors L.L.C. bought a new stake in Vanguard Growth ETF in the fourth quarter worth $4,360,000. Nottingham Advisors Inc. purchased a new stake in Vanguard Growth ETF during the fourth quarter valued at $232,000. Finally, OneAscent Financial Services LLC purchased a new position in shares of Vanguard Growth ETF in the 4th quarter worth $2,141,000.

Vanguard Growth ETF Stock Up 0.8 %

Vanguard Growth ETF stock opened at $377.29 on Thursday. The company’s 50-day moving average price is $401.56 and its 200-day moving average price is $402.12. The company has a market cap of $373.91 billion, a PE ratio of 33.17 and a beta of 1.19. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $429.11.

Vanguard Growth ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.50 dividend. 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.