Vanguard Growth ETF (NYSEARCA:VUG) Stake Raised by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,783 shares of the company’s stock after acquiring an additional 1,575 shares during the quarter. Vanguard Growth ETF makes up 1.0% of Perennial Investment Advisors LLC’s investment portfolio, making the stock its 27th largest holding. Perennial Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $8,531,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its position in Vanguard Growth ETF by 23.5% during the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after purchasing an additional 5,429,720 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake 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 valued at $2,252,265,000 after buying an additional 5,471,634 shares during the period. LPL Financial LLC grew its holdings in shares of Vanguard Growth ETF by 2.9% during the 4th quarter. LPL Financial LLC now owns 5,128,614 shares of the company’s stock valued at $2,104,988,000 after acquiring an additional 142,346 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Vanguard Growth ETF by 15.3% in the fourth quarter. Wells Fargo & Company MN now owns 3,993,557 shares of the company’s stock worth $1,639,116,000 after acquiring an additional 529,565 shares during the last quarter. Finally, EP Wealth Advisors LLC increased its stake in shares of Vanguard Growth ETF by 6.5% in the third quarter. EP Wealth Advisors LLC now owns 3,176,728 shares of the company’s stock worth $1,219,641,000 after acquiring an additional 194,506 shares during the last quarter.

Vanguard Growth ETF Trading Down 6.1 %

VUG opened at $334.02 on Friday. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $429.11. The stock has a fifty day moving average price of $398.35 and a 200 day moving average price of $401.52. The stock has a market cap of $331.03 billion, a price-to-earnings ratio of 33.17 and a beta of 1.19.

Vanguard Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.50 per share. The ex-dividend date was 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.