Physician Wealth Advisors Inc. Buys New Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Physician Wealth Advisors Inc. purchased a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 258 shares of the company’s stock, valued at approximately $106,000.

Several other large investors have also recently added to or reduced their stakes in VUG. First City Capital Management Inc. lifted its position in shares of 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 worth $487,000 after purchasing an additional 276 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in Vanguard Growth ETF during the 4th quarter worth $2,232,000. Empowered Funds LLC acquired a new position in Vanguard Growth ETF in the 4th quarter worth $236,000. Argentarii LLC purchased a new position in Vanguard Growth ETF in the 4th quarter valued at about $710,000. Finally, Paces Ferry Wealth Advisors LLC acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at about $218,000.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $370.43 on Monday. The stock has a market cap of $367.11 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11. The business’s 50-day simple moving average is $404.29 and its 200 day simple moving average is $402.33.

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 $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 is Thursday, March 27th.

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.