Everstar Asset Management LLC Sells 49 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Everstar Asset Management LLC trimmed its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,177 shares of the company’s stock after selling 49 shares during the quarter. Vanguard Growth ETF makes up about 0.9% of Everstar Asset Management LLC’s portfolio, making the stock its 25th biggest position. Everstar Asset Management LLC’s holdings in Vanguard Growth ETF were worth $1,304,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. purchased a new position in Vanguard Growth ETF in the 4th quarter worth about $28,000. Human Investing LLC purchased a new position in shares of Vanguard Growth ETF during the fourth quarter worth approximately $28,000. Cardinal Strategic Wealth Guidance bought a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $33,000. Providence First Trust Co purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $33,000. Finally, Global Trust Asset Management LLC grew its stake in Vanguard Growth ETF by 1,071.4% in the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares in the last quarter.

Vanguard Growth ETF Stock Down 2.7 %

VUG opened at $370.43 on Monday. Vanguard Growth ETF has a 52 week low of $321.29 and a 52 week high of $429.11. The stock’s fifty day moving average is $404.29 and its two-hundred day moving average is $402.33. The company has a market capitalization of $367.11 billion, a P/E ratio of 35.10 and a beta of 1.14.

Vanguard Growth ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a $0.50 dividend. The ex-dividend date is Thursday, March 27th. This is a positive change 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.