Wellington Management Group LLP Sells 17,218 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Wellington Management Group LLP lowered its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 39.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 26,665 shares of the company’s stock after selling 17,218 shares during the period. Wellington Management Group LLP’s holdings in Vanguard Growth ETF were worth $10,944,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp boosted 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 worth $11,729,457,000 after purchasing an additional 5,429,720 shares during the period. Strategic Financial Concepts LLC boosted its position in Vanguard Growth ETF by 34,615.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after purchasing an additional 5,471,634 shares during the period. LPL Financial LLC boosted its position in Vanguard Growth ETF by 2.9% during the fourth quarter. LPL Financial LLC now owns 5,128,614 shares of the company’s stock worth $2,104,988,000 after purchasing an additional 142,346 shares during the period. Raymond James Financial Inc. bought a new position in Vanguard Growth ETF during the fourth quarter worth about $970,862,000. Finally, Bank of New York Mellon Corp boosted its position in Vanguard Growth ETF by 5.1% during the fourth quarter. Bank of New York Mellon Corp now owns 2,064,214 shares of the company’s stock worth $847,236,000 after purchasing an additional 100,865 shares during the period.

Vanguard Growth ETF Stock Up 11.6 %

Shares of NYSEARCA:VUG opened at $367.80 on Thursday. The firm has a market capitalization of $364.51 billion, a PE ratio of 33.17 and a beta of 1.19. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $429.11. The company has a 50-day moving average price of $391.07 and a two-hundred day moving average price of $400.39.

Vanguard Growth ETF Increases Dividend

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