Headlands Technologies LLC Purchases 19,478 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Headlands Technologies LLC lifted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 5,849.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,811 shares of the company’s stock after buying an additional 19,478 shares during the period. Vanguard Growth ETF comprises 0.8% of Headlands Technologies LLC’s holdings, making the stock its 19th largest position. Headlands Technologies LLC’s holdings in Vanguard Growth ETF were worth $8,131,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VUG. Decker Retirement Planning Inc. bought a new position in Vanguard Growth ETF in the fourth quarter valued at approximately $28,000. Human Investing LLC acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter worth $28,000. Prudent Man Investment Management Inc. bought a new stake in Vanguard Growth ETF in the 4th quarter valued at $30,000. Cardinal Strategic Wealth Guidance acquired a new position in Vanguard Growth ETF in the 4th quarter worth $33,000. Finally, Providence First Trust Co bought a new position in Vanguard Growth ETF during the 4th quarter worth about $33,000.

Vanguard Growth ETF Price Performance

Shares of Vanguard Growth ETF stock opened at $370.82 on Tuesday. The firm has a market cap of $367.50 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. The stock’s 50-day moving average is $403.38 and its 200-day moving average is $402.31. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11.

Vanguard Growth ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.50 per share. The ex-dividend date 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.