Hobbs Group Advisors LLC Sells 40 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Hobbs Group Advisors LLC decreased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,226 shares of the company’s stock after selling 40 shares during the quarter. Hobbs Group Advisors LLC’s holdings in Vanguard Growth ETF were worth $503,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Aufman Associates Inc raised its stake in Vanguard Growth ETF by 1.4% during the 4th quarter. Aufman Associates Inc now owns 2,177 shares of the company’s stock worth $894,000 after buying an additional 29 shares during the period. OneAscent Wealth Management LLC acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter worth about $204,000. Maridea Wealth Management LLC acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter worth about $8,026,000. Brown Brothers Harriman & Co. lifted its holdings in shares of Vanguard Growth ETF by 1.9% during the 4th quarter. Brown Brothers Harriman & Co. now owns 15,025 shares of the company’s stock valued at $6,167,000 after purchasing an additional 278 shares in the last quarter. Finally, Horizon Investment Services LLC grew its position in shares of Vanguard Growth ETF by 6.5% in the 4th quarter. Horizon Investment Services LLC now owns 2,412 shares of the company’s stock valued at $990,000 after purchasing an additional 148 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $370.43 on Friday. The stock has a market cap of $367.11 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. The business has a 50 day simple moving average of $404.29 and a 200 day simple moving average of $401.84. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11.

Vanguard Growth ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a dividend of $0.50 per share. This is an increase from Vanguard Growth ETF’s previous dividend of $0.46. The ex-dividend date of this dividend is Thursday, March 27th.

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.