AssuredPartners Investment Advisors LLC Buys Shares of 2,799 Vanguard Growth ETF (NYSEARCA:VUG)

AssuredPartners Investment Advisors LLC purchased a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,799 shares of the company’s stock, valued at approximately $1,149,000.

Several other institutional investors and hedge funds have also made changes to their positions in VUG. Pitcairn Co. purchased a new stake in shares of Vanguard Growth ETF during the third quarter worth about $490,000. Independent Advisor Alliance lifted its stake in shares of Vanguard Growth ETF by 2.9% during the third quarter. Independent Advisor Alliance now owns 1,430 shares of the company’s stock valued at $549,000 after buying an additional 40 shares during the period. Loomis Sayles & Co. L P boosted its position in Vanguard Growth ETF by 194.7% during the third quarter. Loomis Sayles & Co. L P now owns 14,595 shares of the company’s stock worth $5,604,000 after acquiring an additional 9,643 shares during the last quarter. Quantbot Technologies LP grew its stake in Vanguard Growth ETF by 36.0% in the 3rd quarter. Quantbot Technologies LP now owns 1,748 shares of the company’s stock worth $671,000 after acquiring an additional 463 shares during the period. Finally, Cadence Bank acquired a new position in Vanguard Growth ETF in the 3rd quarter valued at $256,000.

Vanguard Growth ETF Stock Down 2.2 %

VUG stock opened at $383.03 on Thursday. The stock has a market capitalization of $379.60 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11. The stock’s fifty day simple moving average is $405.79 and its 200-day simple moving average is $401.92.

Vanguard Growth ETF Increases Dividend

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