Martin Worley Group Invests $2.99 Million in Vanguard Growth ETF (NYSEARCA:VUG)

Martin Worley Group purchased a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 7,276 shares of the company’s stock, valued at approximately $2,986,000. Vanguard Growth ETF accounts for approximately 1.9% of Martin Worley Group’s holdings, making the stock its 16th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Decker Retirement Planning Inc. purchased a new position in Vanguard Growth ETF during the 4th quarter valued at about $28,000. Human Investing LLC bought a new position in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $28,000. Prudent Man Investment Management Inc. purchased a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $30,000. Cardinal Strategic Wealth Guidance purchased a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $33,000. Finally, Providence First Trust Co bought a new stake in Vanguard Growth ETF during the 4th quarter worth approximately $33,000.

Vanguard Growth ETF Price Performance

NYSEARCA VUG opened at $377.29 on Thursday. The company’s 50 day simple moving average is $401.56 and its two-hundred day simple moving average is $402.12. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $429.11. The stock has a market capitalization of $373.91 billion, a PE ratio of 33.17 and a beta of 1.19.

Vanguard Growth ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.50 dividend. The ex-dividend date was Thursday, March 27th. This is a boost 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.