Vanguard Growth ETF (NYSEARCA:VUG) Shares Bought by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. lifted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,025 shares of the company’s stock after acquiring an additional 278 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Vanguard Growth ETF were worth $6,167,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. First City Capital Management Inc. boosted its position in shares of Vanguard Growth ETF by 30.3% in the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock worth $487,000 after buying an additional 276 shares during the period. Principal Financial Group Inc. purchased a new position in Vanguard Growth ETF in the 4th quarter worth approximately $2,232,000. Empowered Funds LLC acquired a new stake in Vanguard Growth ETF in the fourth quarter valued at approximately $236,000. Argentarii LLC purchased a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $710,000. Finally, Paces Ferry Wealth Advisors LLC acquired a new position in shares of Vanguard Growth ETF during the fourth quarter worth $218,000.

Vanguard Growth ETF Trading Down 2.7 %

VUG opened at $370.43 on Friday. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $429.11. The firm has a market cap of $367.11 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. The company has a fifty day simple moving average of $404.29 and a 200 day simple moving average of $402.11.

Vanguard Growth ETF Increases Dividend

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

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.