Prudent Man Investment Management Inc. Purchases Shares of 72 Vanguard Growth ETF (NYSEARCA:VUG)

Prudent Man Investment Management Inc. acquired 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 firm acquired 72 shares of the company’s stock, valued at approximately $30,000.

Other institutional investors have also made changes to their positions in the company. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at $28,000. Human Investing LLC bought a new position in Vanguard Growth ETF during the 4th quarter valued at about $28,000. Cardinal Strategic Wealth Guidance acquired a new position in Vanguard Growth ETF in the fourth quarter valued at about $33,000. Providence First Trust Co acquired a new position in Vanguard Growth ETF in the fourth quarter valued at about $33,000. Finally, Global Trust Asset Management LLC grew its stake in Vanguard Growth ETF by 1,071.4% during the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after buying an additional 75 shares during the last quarter.

Vanguard Growth ETF Trading Down 2.7 %

NYSEARCA:VUG opened at $370.43 on Monday. The stock has a market capitalization of $367.11 billion, a P/E ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $429.11. The firm has a 50 day moving average of $404.29 and a 200-day moving average of $402.33.

Vanguard Growth ETF Increases Dividend

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