Vanguard Growth ETF (NYSEARCA:VUG) Shares Acquired by Horizon Investment Services LLC

Horizon Investment Services LLC increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 6.5% in the 4th quarter, HoldingsChannel reports. The firm owned 2,412 shares of the company’s stock after buying an additional 148 shares during the quarter. Horizon Investment Services LLC’s holdings in Vanguard Growth ETF were worth $990,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VUG. Quantbot Technologies LP raised its stake in Vanguard Growth ETF by 36.0% in the 3rd quarter. Quantbot Technologies LP now owns 1,748 shares of the company’s stock valued at $671,000 after purchasing an additional 463 shares during the last quarter. Fiduciary Trust Co acquired a new position in shares of Vanguard Growth ETF in the third quarter valued at approximately $572,000. Financial Counselors Inc. lifted its stake in shares of Vanguard Growth ETF by 0.3% during the third quarter. Financial Counselors Inc. now owns 36,467 shares of the company’s stock valued at $14,001,000 after buying an additional 101 shares during the period. Carl P. Sherr & Co. LLC boosted its position in Vanguard Growth ETF by 4.2% during the third quarter. Carl P. Sherr & Co. LLC now owns 5,883 shares of the company’s stock worth $2,259,000 after acquiring an additional 239 shares during the last quarter. Finally, CWS Financial Advisors LLC grew its stake in Vanguard Growth ETF by 4.9% in the 3rd quarter. CWS Financial Advisors LLC now owns 21,156 shares of the company’s stock worth $8,122,000 after acquiring an additional 980 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $370.43 on Friday. Vanguard Growth ETF has a fifty-two week low of $321.29 and a fifty-two week high of $429.11. The stock has a fifty day moving average of $404.29 and a two-hundred day moving average of $401.84. The company has a market capitalization of $367.11 billion, a PE ratio of 35.10 and a beta of 1.14.

Vanguard Growth ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from Vanguard Growth ETF’s previous dividend of $0.46.

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.