Vanguard Growth ETF (NYSEARCA:VUG) Shares Bought by Anchor Investment Management LLC

Anchor Investment Management LLC boosted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 18.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,640 shares of the company’s stock after acquiring an additional 893 shares during the period. Anchor Investment Management LLC’s holdings in Vanguard Growth ETF were worth $2,315,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First City Capital Management Inc. boosted its stake in Vanguard Growth ETF by 30.3% during the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock worth $487,000 after buying an additional 276 shares during the period. Principal Financial Group Inc. purchased a new position in shares of Vanguard Growth ETF during the fourth quarter worth $2,232,000. Empowered Funds LLC purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at $236,000. Argentarii LLC acquired a new position in Vanguard Growth ETF during the 4th quarter worth about $710,000. Finally, Paces Ferry Wealth Advisors LLC purchased a new position in Vanguard Growth ETF during the 4th quarter valued at about $218,000.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $362.58 on Tuesday. Vanguard Growth ETF has a one year low of $316.14 and a one year high of $429.11. The firm has a 50 day simple moving average of $387.51 and a 200-day simple moving average of $399.98. The firm has a market cap of $359.33 billion, a price-to-earnings ratio of 33.17 and a beta of 1.19.

Vanguard Growth ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.50 per share. This is a boost 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.