Vanguard Growth ETF Portfolio (TSE:VGRO) Shares Climb 0.2% – Here’s Why

Shares of Vanguard Growth ETF Portfolio (TSE:VGRO) were up 0.2% during trading on Tuesday. The company traded as high as C$47.61 and last traded at C$47.50. 175,262 shares were traded during trading, a decline of 16% from the average daily volume of 209,645 shares. The stock had previously closed at C$47.41.

Vanguard Growth ETF Portfolio Trading Down 1.0%

The firm’s fifty day moving average is C$47.81 and its 200 day moving average is C$46.98.

Vanguard Growth ETF Portfolio Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Thursday, October 8th were paid a dividend of $0.1891 per share. This is a negative change from Vanguard Growth ETF Portfolio’s previous quarterly dividend of $0.2349. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, October 1st.

Vanguard Growth ETF Portfolio Company Profile

Vanguard Growth ETF Portfolio (the ETF) seeks to provide long-term capital growth. Fund investing in equity and fixed income securities. The ETF may do so either directly or indirectly through investment in one or more exchange-traded funds managed by Vanguard Investments Canada Inc (the Manager) or an affiliate or certain other investment funds (Underlying Funds). Under normal market conditions, the sub-advisor will strive to maintain a long-term strategic asset allocation of equity (approximately 80%) and fixed income (approximately 20%) securities.