RWA Wealth Partners LLC Sells 52,684 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

RWA Wealth Partners LLC cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,540,004 shares of the company’s stock after selling 52,684 shares during the quarter. Vanguard Growth ETF accounts for about 12.8% of RWA Wealth Partners LLC’s portfolio, making the stock its largest position. RWA Wealth Partners LLC owned about 0.74% of Vanguard Growth ETF worth $1,042,520,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard Growth ETF Price Performance

Shares of Vanguard Growth ETF stock opened at $370.43 on Friday. Vanguard Growth ETF has a one year low of $321.29 and a one year high of $429.11. The stock’s 50-day moving average is $404.29 and its 200 day moving average is $402.11. The firm has a market cap of $367.11 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14.

Vanguard Growth ETF Increases Dividend

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