Kelman Lazarov Inc. Sells 377 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Kelman Lazarov Inc. lowered its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,942 shares of the company’s stock after selling 377 shares during the period. Vanguard Growth ETF comprises about 0.7% of Kelman Lazarov Inc.’s portfolio, making the stock its 26th largest holding. Kelman Lazarov Inc.’s holdings in Vanguard Growth ETF were worth $3,670,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of VUG. Jones Financial Companies Lllp raised its stake in Vanguard Growth ETF by 23.5% in the 4th quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after purchasing an additional 5,429,720 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in shares of 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 worth $2,252,265,000 after purchasing an additional 5,471,634 shares during the period. LPL Financial LLC lifted its position in shares of Vanguard Growth ETF by 2.9% during 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 raised its holdings 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 buying an additional 529,565 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Vanguard Growth ETF during the fourth quarter worth $970,862,000.

Vanguard Growth ETF Price Performance

NYSEARCA VUG opened at $367.80 on Thursday. The firm has a market cap of $364.51 billion, a price-to-earnings ratio of 33.17 and a beta of 1.19. The company has a fifty day moving average price of $391.07 and a 200-day moving average price of $400.39. 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 firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from Vanguard Growth ETF’s previous dividend of $0.46.

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.