Allred Capital Management LLC Decreases Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Allred Capital Management LLC lessened its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 3.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,278 shares of the company’s stock after selling 41 shares during the quarter. Allred Capital Management LLC’s holdings in Vanguard Growth ETF were worth $525,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VUG. Strategic Financial Concepts LLC lifted its position in shares of Vanguard Growth ETF by 34,615.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after buying an additional 5,471,634 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Vanguard Growth ETF by 23.5% during the 4th quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after acquiring an additional 5,429,720 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Vanguard Growth ETF in the fourth quarter valued at $970,862,000. Lincoln National Corp acquired a new position in Vanguard Growth ETF in the fourth quarter valued at $293,111,000. Finally, Wells Fargo & Company MN grew its holdings in shares of Vanguard Growth ETF by 15.3% during the fourth quarter. Wells Fargo & Company MN now owns 3,993,557 shares of the company’s stock worth $1,639,116,000 after purchasing an additional 529,565 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock opened at $352.14 on Friday. The company has a market capitalization of $348.99 billion, a P/E ratio of 33.17 and a beta of 1.19. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $429.11. The stock has a 50-day simple moving average of $383.53 and a 200-day simple moving average of $399.17.

Vanguard Growth ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $0.50 dividend. This is an increase from Vanguard Growth ETF’s previous dividend of $0.46. The ex-dividend date was Thursday, March 27th.

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.