Vanguard Growth ETF Portfolio (TSE:VGRO) Sets New 1-Year High - Time to Buy?

Key Points

• The Vanguard Growth ETF Portfolio (TSE:VGRO) recently reached a new 52-week high with shares trading at C$40.04.
• The ETF increased its quarterly dividend to $0.2123 per share, representing an annualized yield of 2.1% compared to the previous dividend of $0.18.
• The fund aims to provide long-term capital growth by investing in a mix of equity and fixed income securities.

Vanguard Growth ETF Portfolio (TSE:VGRO - Get Free Report)'s share price reached a new 52-week high on Thursday . The stock traded as high as C$40.08 and last traded at C$40.04, with a volume of 27496 shares. The stock had previously closed at C$39.90.

Vanguard Growth ETF Portfolio Stock Performance

The firm's 50 day moving average price is C$39.08 and its two-hundred day moving average price is C$37.97.

Vanguard Growth ETF Portfolio Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Wednesday, July 9th were paid a $0.2123 dividend. This is an increase from Vanguard Growth ETF Portfolio's previous quarterly dividend of $0.18. The ex-dividend date was Wednesday, July 2nd. This represents a $0.85 dividend on an annualized basis and a yield of 2.1%.

About Vanguard Growth ETF Portfolio

Vanguard Growth ETF Portfolio (the ETF) seeks to provide long-term capital growth. Fund investing in equity and fixed income securities. The ETF may do so either directly or indirectly through investment in one or more exchange-traded funds managed by Vanguard Investments Canada Inc (the Manager) or an affiliate or certain other investment funds (Underlying Funds).