Alliancebernstein L.P. Buys 464,100 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Alliancebernstein L.P. lifted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUGFree Report) by 183.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 717,652 shares of the company’s stock after buying an additional 464,100 shares during the quarter. Alliancebernstein L.P. owned about 0.21% of Vanguard Growth ETF worth $294,553,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Decker Retirement Planning Inc. bought a new position in Vanguard Growth ETF during the 4th quarter worth $28,000. Human Investing LLC bought a new position in Vanguard Growth ETF during the fourth quarter worth about $28,000. Prudent Man Investment Management Inc. bought a new stake in Vanguard Growth ETF in the 4th quarter valued at about $30,000. Cardinal Strategic Wealth Guidance acquired a new position in shares of Vanguard Growth ETF during the 4th quarter worth approximately $33,000. Finally, Providence First Trust Co bought a new position in shares of Vanguard Growth ETF during the fourth quarter worth approximately $33,000.

Vanguard Growth ETF Trading Up 0.1 %

Shares of VUG stock opened at $370.82 on Tuesday. The stock has a market cap of $367.50 billion, a P/E ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 1 year low of $321.29 and a 1 year high of $429.11. The stock has a 50 day simple moving average of $403.38 and a 200 day simple moving average of $402.31.

Vanguard Growth ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.50 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This is a boost from Vanguard Growth ETF’s previous dividend of $0.46.

About Vanguard Growth ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Vanguard Growth ETF (NYSEARCA:VUG)

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