Hobbs Group Advisors LLC Sells 40 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Hobbs Group Advisors LLC lowered its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.2% in the fourth quarter, HoldingsChannel reports. The fund owned 1,226 shares of the company’s stock after selling 40 shares during the period. Hobbs Group Advisors LLC’s holdings in Vanguard Growth ETF were worth $503,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in VUG. Aufman Associates Inc boosted its holdings in Vanguard Growth ETF by 1.4% during the fourth quarter. Aufman Associates Inc now owns 2,177 shares of the company’s stock worth $894,000 after purchasing an additional 29 shares during the last quarter. OneAscent Wealth Management LLC bought a new stake in Vanguard Growth ETF during the 4th quarter worth about $204,000. Maridea Wealth Management LLC acquired a new position in shares of Vanguard Growth ETF during the 4th quarter worth about $8,026,000. Brown Brothers Harriman & Co. grew its holdings in shares of Vanguard Growth ETF by 1.9% in the 4th quarter. Brown Brothers Harriman & Co. now owns 15,025 shares of the company’s stock valued at $6,167,000 after acquiring an additional 278 shares in the last quarter. Finally, Horizon Investment Services LLC increased its position in shares of Vanguard Growth ETF by 6.5% in the fourth quarter. Horizon Investment Services LLC now owns 2,412 shares of the company’s stock valued at $990,000 after acquiring an additional 148 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $370.43 on Friday. The stock has a 50 day moving average price of $404.29 and a 200 day moving average price of $401.84. The stock has a market capitalization of $367.11 billion, a PE ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 52 week low of $321.29 and a 52 week high of $429.11.

Vanguard Growth ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from Vanguard Growth ETF’s previous dividend of $0.46.

Vanguard Growth ETF 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.