Trek Financial LLC Has $33.17 Million Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Trek Financial LLC increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 12.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,821 shares of the company’s stock after purchasing an additional 8,636 shares during the period. Vanguard Growth ETF makes up 2.5% of Trek Financial LLC’s investment portfolio, making the stock its 3rd largest holding. Trek Financial LLC’s holdings in Vanguard Growth ETF were worth $33,172,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Decker Retirement Planning Inc. bought a new stake in Vanguard Growth ETF during the 4th quarter worth approximately $28,000. Human Investing LLC bought a new stake in Vanguard Growth ETF during the fourth quarter worth $28,000. Prudent Man Investment Management Inc. purchased a new stake in Vanguard Growth ETF in the 4th quarter valued at $30,000. Cardinal Strategic Wealth Guidance purchased a new stake in Vanguard Growth ETF in the 4th quarter valued at $33,000. Finally, Providence First Trust Co purchased a new position in Vanguard Growth ETF during the 4th quarter worth $33,000.

Vanguard Growth ETF Price Performance

NYSEARCA VUG opened at $334.02 on Friday. The company has a fifty day moving average price of $398.35 and a 200-day moving average price of $401.71. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $429.11. The firm has a market cap of $331.03 billion, a price-to-earnings ratio of 33.17 and a beta of 1.19.

Vanguard Growth ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders 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 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.