Franklin Resources Inc. Boosts Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Franklin Resources Inc. raised its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 2.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 88,720 shares of the company’s stock after acquiring an additional 2,462 shares during the period. Franklin Resources Inc.’s holdings in Vanguard Growth ETF were worth $36,414,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Arete Wealth Advisors LLC raised its position in Vanguard Growth ETF by 0.9% during the third quarter. Arete Wealth Advisors LLC now owns 34,169 shares of the company’s stock valued at $13,045,000 after purchasing an additional 313 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of Vanguard Growth ETF by 7.0% during the 3rd quarter. Janus Henderson Group PLC now owns 734 shares of the company’s stock valued at $282,000 after buying an additional 48 shares in the last quarter. Wellington Management Group LLP lifted its position in Vanguard Growth ETF by 220.0% in the 3rd quarter. Wellington Management Group LLP now owns 43,883 shares of the company’s stock worth $16,848,000 after buying an additional 30,169 shares during the last quarter. Insigneo Advisory Services LLC boosted its stake in Vanguard Growth ETF by 25.4% in the third quarter. Insigneo Advisory Services LLC now owns 6,378 shares of the company’s stock worth $2,449,000 after buying an additional 1,290 shares in the last quarter. Finally, EP Wealth Advisors LLC grew its position in Vanguard Growth ETF by 6.5% during the third quarter. EP Wealth Advisors LLC now owns 3,176,728 shares of the company’s stock valued at $1,219,641,000 after acquiring an additional 194,506 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $334.02 on Friday. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week 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. The firm has a 50 day moving average price of $398.35 and a 200-day moving average price of $401.71.

Vanguard Growth ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.50 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from Vanguard Growth ETF’s previous dividend of $0.46.

Vanguard Growth ETF Company 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.