Vanguard Growth ETF Portfolio (TSE:VGRO) Stock Price Down 0.9% – Here’s Why

Vanguard Growth ETF Portfolio (TSE:VGRO)’s stock price was down 0.9% on Thursday . The company traded as low as C$46.70 and last traded at C$46.85. Approximately 151,035 shares were traded during mid-day trading, a decline of 34% from the average session volume of 228,857 shares. The stock had previously closed at C$47.26.

Vanguard Growth ETF Portfolio Stock Down 0.9%

The firm’s fifty day moving average price is C$47.11 and its 200-day moving average price is C$45.19.

Vanguard Growth ETF Portfolio Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, July 9th were given a $0.2349 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 2.0%. This is a positive change from Vanguard Growth ETF Portfolio’s previous quarterly dividend of $0.17. The ex-dividend date was Thursday, July 2nd.

About Vanguard Growth ETF Portfolio

Vanguard Growth ETF Portfolio (the ETF) seeks to provide long-term capital growth. Fund investing in equity and fixed income securities. The ETF may do so either directly or indirectly through investment in one or more exchange-traded funds managed by Vanguard Investments Canada Inc (the Manager) or an affiliate or certain other investment funds (Underlying Funds). Under normal market conditions, the sub-advisor will strive to maintain a long-term strategic asset allocation of equity (approximately 80%) and fixed income (approximately 20%) securities.