CIBC Private Wealth Group LLC Has $17.71 Million Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

CIBC Private Wealth Group LLC grew its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,797 shares of the company’s stock after acquiring an additional 362 shares during the period. CIBC Private Wealth Group LLC’s holdings in Vanguard Growth ETF were worth $17,705,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its stake in shares of Vanguard Growth ETF by 23.5% in the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after acquiring an additional 5,429,720 shares in the last quarter. Strategic Financial Concepts LLC grew its position in shares of 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 purchasing an additional 5,471,634 shares in the last quarter. LPL Financial LLC grew its position in shares of Vanguard Growth ETF by 2.9% during the 4th quarter. LPL Financial LLC now owns 5,128,614 shares of the company’s stock worth $2,104,988,000 after purchasing an additional 142,346 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in shares of Vanguard Growth ETF by 6.5% during the third quarter. EP Wealth Advisors LLC now owns 3,176,728 shares of the company’s stock worth $1,219,641,000 after purchasing an additional 194,506 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $970,862,000.

Vanguard Growth ETF Trading Up 0.1 %

Shares of VUG stock opened at $370.82 on Tuesday. The stock has a 50 day simple moving average of $403.38 and a 200 day simple moving average of $402.31. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $429.11. The stock has a market cap of $367.50 billion, a P/E ratio of 35.10 and a beta of 1.14.

Vanguard Growth ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were 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 was 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.