Vanguard Growth ETF (NYSEARCA:VUG) Stake Raised by Cascades Capital Asset Management LLC

Cascades Capital Asset Management LLC lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 7.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,336 shares of the company’s stock after purchasing an additional 991 shares during the quarter. Vanguard Growth ETF accounts for approximately 3.1% of Cascades Capital Asset Management LLC’s investment portfolio, making the stock its 7th largest position. Cascades Capital Asset Management LLC’s holdings in Vanguard Growth ETF were worth $5,884,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Arete Wealth Advisors LLC lifted its holdings in shares of Vanguard Growth ETF by 0.9% in the 3rd quarter. Arete Wealth Advisors LLC now owns 34,169 shares of the company’s stock valued at $13,045,000 after acquiring an additional 313 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in shares of Vanguard Growth ETF by 919.7% in the 3rd quarter. Benjamin Edwards Inc. now owns 3,569 shares of the company’s stock valued at $1,373,000 after purchasing an additional 3,219 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Vanguard Growth ETF by 7.0% in the 3rd quarter. Janus Henderson Group PLC now owns 734 shares of the company’s stock worth $282,000 after purchasing an additional 48 shares during the period. Quantinno Capital Management LP increased its position in shares of Vanguard Growth ETF by 61.8% during the 3rd quarter. Quantinno Capital Management LP now owns 19,487 shares of the company’s stock valued at $7,482,000 after purchasing an additional 7,441 shares during the last quarter. Finally, Weaver Consulting Group increased its position in shares of Vanguard Growth ETF by 23.2% during the 3rd quarter. Weaver Consulting Group now owns 781 shares of the company’s stock valued at $300,000 after purchasing an additional 147 shares during the last quarter.

Vanguard Growth ETF Stock Down 6.1 %

Shares of VUG opened at $334.02 on Friday. The business has a fifty day moving average of $398.35 and a 200 day moving average of $401.52. The company has a market cap of $331.03 billion, a PE ratio of 33.17 and a beta of 1.19. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11.

Vanguard Growth ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.50 per share. The ex-dividend date was Thursday, March 27th. This is a boost 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.