Foundation Wealth Management LLC PA Purchases Shares of 860 Vanguard Growth ETF (NYSEARCA:VUG)

Foundation Wealth Management LLC PA acquired a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 860 shares of the company’s stock, valued at approximately $353,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Pitcairn Co. bought a new stake in shares of Vanguard Growth ETF in the 3rd quarter worth $490,000. Independent Advisor Alliance boosted its holdings in Vanguard Growth ETF by 2.9% during the third quarter. Independent Advisor Alliance now owns 1,430 shares of the company’s stock worth $549,000 after purchasing an additional 40 shares during the last quarter. Loomis Sayles & Co. L P grew its position in Vanguard Growth ETF by 194.7% in the 3rd quarter. Loomis Sayles & Co. L P now owns 14,595 shares of the company’s stock worth $5,604,000 after purchasing an additional 9,643 shares in the last quarter. Quantbot Technologies LP increased its stake in Vanguard Growth ETF by 36.0% in the 3rd quarter. Quantbot Technologies LP now owns 1,748 shares of the company’s stock valued at $671,000 after buying an additional 463 shares during the last quarter. Finally, Cadence Bank bought a new position in shares of Vanguard Growth ETF during the 3rd quarter worth approximately $256,000.

Vanguard Growth ETF Stock Down 2.2 %

Shares of NYSEARCA VUG opened at $383.03 on Thursday. The company has a market capitalization of $379.60 billion, a PE ratio of 35.10 and a beta of 1.14. The stock’s 50 day moving average price is $405.79 and its 200-day moving average price is $401.92. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $429.11.

Vanguard Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid 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 Company 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.