Vanguard Growth ETF (NYSEARCA:VUG) is Retirement Investment Advisors Inc.’s Largest Position

Retirement Investment Advisors Inc. boosted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 498,166 shares of the company’s stock after acquiring an additional 4,816 shares during the quarter. Vanguard Growth ETF accounts for approximately 21.6% of Retirement Investment Advisors Inc.’s investment portfolio, making the stock its biggest position. Retirement Investment Advisors Inc. owned 0.14% of Vanguard Growth ETF worth $204,467,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VUG. Quantbot Technologies LP grew its holdings in Vanguard Growth ETF by 36.0% in the 3rd quarter. Quantbot Technologies LP now owns 1,748 shares of the company’s stock valued at $671,000 after buying an additional 463 shares during the period. Fiduciary Trust Co acquired a new position in shares of Vanguard Growth ETF in the 3rd quarter valued at approximately $572,000. Arete Wealth Advisors LLC raised its holdings in Vanguard Growth ETF by 0.9% in the third quarter. Arete Wealth Advisors LLC now owns 34,169 shares of the company’s stock valued at $13,045,000 after acquiring an additional 313 shares in the last quarter. Flow Traders U.S. LLC lifted its position in shares of Vanguard Growth ETF by 4.1% during the third quarter. Flow Traders U.S. LLC now owns 6,156 shares of the company’s stock worth $2,363,000 after purchasing an additional 244 shares during the last quarter. Finally, TRUE Private Wealth Advisors boosted its holdings in Vanguard Growth ETF by 3.7% in the third quarter. TRUE Private Wealth Advisors now owns 1,769 shares of the company’s stock worth $679,000 after purchasing an additional 63 shares during the period.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $370.43 on Friday. The business has a 50 day simple moving average of $404.29 and a 200 day simple moving average of $402.11. The firm has a market capitalization of $367.11 billion, a P/E ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11.

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 issued a dividend of $0.50 per share. This is a positive change from Vanguard Growth ETF’s previous dividend of $0.46. The ex-dividend date of this dividend is Thursday, March 27th.

About Vanguard Growth ETF

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.