Trustmark National Bank Trust Department Boosts Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Trustmark National Bank Trust Department lifted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 132,141 shares of the company’s stock after purchasing an additional 6,990 shares during the period. Vanguard Growth ETF accounts for 4.0% of Trustmark National Bank Trust Department’s portfolio, making the stock its 4th largest holding. Trustmark National Bank Trust Department’s holdings in Vanguard Growth ETF were worth $54,236,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of VUG. Jones Financial Companies Lllp raised its position 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 purchasing an additional 5,429,720 shares during the period. Strategic Financial Concepts LLC raised its holdings in Vanguard Growth ETF by 34,615.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after acquiring an additional 5,471,634 shares during the period. LPL Financial LLC raised its holdings in Vanguard Growth ETF by 2.9% in the 4th quarter. LPL Financial LLC now owns 5,128,614 shares of the company’s stock valued at $2,104,988,000 after acquiring an additional 142,346 shares during the period. Wells Fargo & Company MN lifted its position in Vanguard Growth ETF by 15.3% during the fourth quarter. Wells Fargo & Company MN now owns 3,993,557 shares of the company’s stock worth $1,639,116,000 after acquiring an additional 529,565 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Vanguard Growth ETF during the fourth quarter worth approximately $970,862,000.

Vanguard Growth ETF Trading Up 2.0 %

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

Vanguard Growth ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders 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.