American Money Management LLC Has $202,000 Position in Vanguard Growth ETF (NYSEARCA:VUG)

American Money Management LLC lessened its position in Vanguard Growth ETF (NYSEARCA:VUG) by 31.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 493 shares of the company’s stock after selling 224 shares during the quarter. American Money Management LLC’s holdings in Vanguard Growth ETF were worth $202,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Strategic Financial Concepts LLC grew its holdings in Vanguard Growth ETF by 34,615.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after acquiring an additional 5,471,634 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Vanguard Growth ETF by 23.5% during the 4th quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after buying an additional 5,429,720 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at about $970,862,000. Lincoln National Corp bought a new position in shares of Vanguard Growth ETF during the fourth quarter worth about $293,111,000. Finally, Natixis Advisors LLC lifted its stake in shares of Vanguard Growth ETF by 217.1% in the fourth quarter. Natixis Advisors LLC now owns 584,988 shares of the company’s stock worth $240,103,000 after acquiring an additional 400,516 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $370.43 on Friday. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week high of $429.11. The company has a 50 day simple moving average of $404.29 and a two-hundred day simple moving average of $402.11. The company has a market capitalization of $367.11 billion, a PE ratio of 35.10 and a beta of 1.14.

Vanguard Growth ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a dividend of $0.50 per share. The ex-dividend date is 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.