Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by KCM Investment Advisors LLC

KCM Investment Advisors LLC boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 11,257 shares of the company’s stock after acquiring an additional 175 shares during the period. KCM Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $4,620,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. First City Capital Management Inc. grew its position 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 valued at $487,000 after acquiring an additional 276 shares during the period. Principal Financial Group Inc. acquired a new stake in Vanguard Growth ETF during the 4th quarter worth approximately $2,232,000. Empowered Funds LLC purchased a new position in Vanguard Growth ETF in the fourth quarter valued at approximately $236,000. Argentarii LLC acquired a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $710,000. Finally, Paces Ferry Wealth Advisors LLC acquired a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $218,000.

Vanguard Growth ETF Trading Down 6.1 %

Shares of VUG stock opened at $334.02 on Friday. The company has a market cap of $331.03 billion, a PE ratio of 33.17 and a beta of 1.19. The company’s fifty day simple moving average is $398.35 and its 200-day simple moving average is $401.52. 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 was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $0.50 dividend. The ex-dividend date was Thursday, March 27th. This is a positive change 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.