Vanguard Growth ETF Portfolio (TSE:VGRO) Shares Climb 0.2% – Still a Buy?

Vanguard Growth ETF Portfolio (TSE:VGRO) shot up 0.2% during trading on Tuesday. The stock traded as high as C$47.61 and last traded at C$47.50. Approximately 175,262 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 209,645 shares. The stock had previously closed at C$47.41.

Vanguard Growth ETF Portfolio Stock Performance

The firm has a 50 day simple moving average of C$47.82 and a two-hundred day simple moving average of C$46.95.

Vanguard Growth ETF Portfolio Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Thursday, October 8th were issued a dividend of $0.1891 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from Vanguard Growth ETF Portfolio’s previous quarterly dividend of $0.2349. This represents a $0.76 annualized dividend and a yield of 1.6%.

Vanguard Growth ETF Portfolio Company Profile

Vanguard Growth ETF Portfolio (the ETF) seeks to provide long-term capital growth. Fund investing in equity and fixed income securities. The ETF may do so either directly or indirectly through investment in one or more exchange-traded funds managed by Vanguard Investments Canada Inc (the Manager) or an affiliate or certain other investment funds (Underlying Funds). Under normal market conditions, the sub-advisor will strive to maintain a long-term strategic asset allocation of equity (approximately 80%) and fixed income (approximately 20%) securities.