Vanguard Growth ETF Portfolio (TSE:VGRO) Hits New 12-Month High - Should You 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 - )'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 trading hands. The stock had previously closed at C$39.90.

Vanguard Growth ETF Portfolio Stock Performance

The firm's fifty day moving average price is C$38.96 and its 200 day moving average price is C$37.95.

Vanguard Growth ETF Portfolio Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Wednesday, July 9th were given a dividend of $0.2123 per share. The ex-dividend date of this dividend was Wednesday, July 2nd. This represents a $0.85 dividend on an annualized basis and a yield of 2.1%. This is a positive change from Vanguard Growth ETF Portfolio's previous quarterly dividend of $0.18.

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).

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