Valley National Advisers Inc. lowered its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 22.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,394 shares of the company’s stock after selling 710 shares during the quarter. Valley National Advisers Inc.’s holdings in Vanguard Growth ETF were worth $374,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in VUG. Bank of America Corp DE boosted its stake in Vanguard Growth ETF by 3.5% during the fourth quarter. Bank of America Corp DE now owns 32,439,924 shares of the company’s stock worth $4,357,655,000 after buying an additional 1,088,174 shares in the last quarter. Financial Engines Advisors L.L.C. boosted its stake in Vanguard Growth ETF by 78,931,921.7% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 18,154,365 shares of the company’s stock worth $2,438,676,000 after buying an additional 18,154,342 shares in the last quarter. Ellis Investment Partners LLC boosted its stake in Vanguard Growth ETF by 15,806.8% during the first quarter. Ellis Investment Partners LLC now owns 6,931,064 shares of the company’s stock worth $6,931,000 after buying an additional 6,887,491 shares in the last quarter. Deutsche Bank AG acquired a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at $605,252,000. Finally, FMR LLC boosted its stake in shares of Vanguard Growth ETF by 12.7% in the 4th quarter. FMR LLC now owns 4,432,812 shares of the company’s stock valued at $595,460,000 after purchasing an additional 499,926 shares in the last quarter.
Shares of NYSEARCA:VUG opened at $164.16 on Monday. Vanguard Growth ETF has a 52 week low of $124.85 and a 52 week high of $164.16.
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Friday, March 29th were paid a $0.432 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.73 annualized dividend and a dividend yield of 1.05%.
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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.
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