Vertex Planning Partners LLC Decreases Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Vertex Planning Partners LLC lowered its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 9.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,748 shares of the company’s stock after selling 410 shares during the period. Vertex Planning Partners LLC’s holdings in Vanguard Growth ETF were worth $1,538,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VUG. First City Capital Management Inc. boosted its holdings in shares of Vanguard Growth ETF by 30.3% in the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock worth $487,000 after purchasing an additional 276 shares during the period. Principal Financial Group Inc. purchased a new position in Vanguard Growth ETF during the fourth quarter worth $2,232,000. Empowered Funds LLC bought a new position in Vanguard Growth ETF during the fourth quarter valued at $236,000. Argentarii LLC purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at $710,000. Finally, O Dell Group LLC raised its stake in shares of Vanguard Growth ETF by 12.5% in the fourth quarter. O Dell Group LLC now owns 2,245 shares of the company’s stock valued at $922,000 after acquiring an additional 249 shares during the period.

Vanguard Growth ETF Trading Down 0.6 %

VUG stock opened at $380.59 on Friday. The stock has a market cap of $377.18 billion, a PE ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $429.11. The company has a 50-day moving average price of $405.20 and a 200 day moving average price of $401.77.

Vanguard Growth ETF Increases Dividend

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

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.