Vanguard Growth ETF (NYSEARCA:VUG) Shares Sold by American Money Management LLC

American Money Management LLC cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 31.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 493 shares of the company’s stock after selling 224 shares during the period. American Money Management LLC’s holdings in Vanguard Growth ETF were worth $202,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Quantbot Technologies LP lifted its holdings in Vanguard Growth ETF by 36.0% in the 3rd quarter. Quantbot Technologies LP now owns 1,748 shares of the company’s stock worth $671,000 after buying an additional 463 shares in the last quarter. Fiduciary Trust Co purchased a new stake in shares of Vanguard Growth ETF during the third quarter worth about $572,000. Arete Wealth Advisors LLC lifted its stake in shares of Vanguard Growth ETF by 0.9% in the third quarter. Arete Wealth Advisors LLC now owns 34,169 shares of the company’s stock worth $13,045,000 after acquiring an additional 313 shares in the last quarter. Flow Traders U.S. LLC boosted its holdings in Vanguard Growth ETF by 4.1% in the third quarter. Flow Traders U.S. LLC now owns 6,156 shares of the company’s stock valued at $2,363,000 after purchasing an additional 244 shares during the last quarter. Finally, TRUE Private Wealth Advisors grew its stake in Vanguard Growth ETF by 3.7% during the 3rd quarter. TRUE Private Wealth Advisors now owns 1,769 shares of the company’s stock valued at $679,000 after purchasing an additional 63 shares in the last quarter.

Vanguard Growth ETF Stock Performance

VUG opened at $370.43 on Friday. The company has a market capitalization of $367.11 billion, a P/E ratio of 35.10 and a beta of 1.14. The company has a 50-day moving average of $404.29 and a 200-day moving average of $402.11. Vanguard Growth ETF has a 1-year low of $321.29 and a 1-year high of $429.11.

Vanguard Growth ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a dividend of $0.50 per share. This is a boost from Vanguard Growth ETF’s previous dividend of $0.46. The ex-dividend date of this dividend is Thursday, March 27th.

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.