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

Key Points

• The Vanguard Growth ETF Portfolio (TSE:VGRO) reached a new 52-week high of C$40.30 during trading, indicating strong market interest.
• Shareholders received a newly increased quarterly dividend of $0.2123 per share, up from the previous $0.18, providing a yield of 2.1%.
• The ETF focuses on long-term capital growth through investments in equity and fixed income securities, managed by Vanguard Investments Canada Inc.

Shares of Vanguard Growth ETF Portfolio (TSE:VGRO - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as C$40.30 and last traded at C$40.30, with a volume of 103254 shares trading hands. The stock had previously closed at C$40.03.

Vanguard Growth ETF Portfolio Stock Down 0.1%

The firm has a fifty day simple moving average of C$39.20 and a two-hundred day simple moving average of C$38.02.

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 given a dividend of $0.2123 per share. This is an increase from Vanguard Growth ETF Portfolio's previous quarterly dividend of $0.18. This represents a $0.85 annualized dividend and a yield of 2.1%. The ex-dividend date was Wednesday, July 2nd.

Vanguard Growth ETF Portfolio Company Profile

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).