Arete Wealth Advisors LLC Decreases Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Arete Wealth Advisors LLC cut its position in Vanguard Growth ETF (NYSEARCA:VUG) by 3.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,122 shares of the company’s stock after selling 1,047 shares during the quarter. Vanguard Growth ETF comprises about 1.0% of Arete Wealth Advisors LLC’s holdings, making the stock its 17th largest position. Arete Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $13,638,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VUG. Decker Retirement Planning Inc. purchased a new stake in Vanguard Growth ETF during the fourth quarter valued at about $28,000. Human Investing LLC purchased a new position in shares of Vanguard Growth ETF in the fourth quarter worth about $28,000. Prudent Man Investment Management Inc. purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at approximately $30,000. Cardinal Strategic Wealth Guidance purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at approximately $33,000. Finally, Providence First Trust Co bought a new position in Vanguard Growth ETF in the 4th quarter worth approximately $33,000.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $377.29 on Thursday. The stock has a market capitalization of $373.91 billion, a price-to-earnings ratio of 33.17 and a beta of 1.19. The company’s fifty day simple moving average is $401.56 and its two-hundred day simple moving average is $402.12. 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 company also recently declared a dividend, which was paid on Monday, March 31st. Shareholders 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 of this dividend was Thursday, March 27th.

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.