Vanguard Growth ETF (NYSEARCA:VUG) Shares Bought by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 6.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 702 shares of the company’s stock after acquiring an additional 41 shares during the period. Texas Capital Bank Wealth Management Services Inc’s holdings in Vanguard Growth ETF were worth $288,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Growth ETF during the 4th quarter worth $28,000. Human Investing LLC acquired a new position in Vanguard Growth ETF in the fourth quarter valued at $28,000. Prudent Man Investment Management Inc. purchased a new position in Vanguard Growth ETF during the fourth quarter worth about $30,000. Cardinal Strategic Wealth Guidance acquired a new stake in Vanguard Growth ETF in the 4th quarter worth about $33,000. Finally, Providence First Trust Co purchased a new stake in Vanguard Growth ETF in the 4th quarter valued at about $33,000.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $353.29 on Friday. The firm’s 50-day simple moving average is $389.85 and its 200-day simple moving average is $400.18. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $429.11. The firm has a market cap of $350.13 billion, a P/E ratio of 33.17 and a beta of 1.19.

Vanguard Growth ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid 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.

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.