Vanguard Growth ETF (NYSEARCA:VUG) is Dagco Inc.’s 3rd Largest Position

Dagco Inc. raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 27.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,428 shares of the company’s stock after purchasing an additional 11,837 shares during the quarter. Vanguard Growth ETF makes up about 7.5% of Dagco Inc.’s holdings, making the stock its 3rd biggest holding. Dagco Inc.’s holdings in Vanguard Growth ETF were worth $22,750,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp boosted its position in shares of Vanguard Growth ETF by 23.5% during 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 purchasing an additional 5,429,720 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in Vanguard Growth ETF by 34,615.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after buying an additional 5,471,634 shares during the period. LPL Financial LLC boosted its holdings 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 valued at $2,104,988,000 after buying an additional 142,346 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Vanguard Growth ETF by 15.3% in the 4th quarter. Wells Fargo & Company MN now owns 3,993,557 shares of the company’s stock worth $1,639,116,000 after buying an additional 529,565 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of Vanguard Growth ETF in the 4th quarter worth about $970,862,000.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG opened at $360.20 on Monday. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $429.11. The firm has a 50-day moving average of $388.66 and a 200 day moving average of $400.12. The stock has a market cap of $356.98 billion, a P/E ratio of 33.17 and a beta of 1.19.

Vanguard Growth ETF Increases Dividend

The firm 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.

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.