Vanguard Growth ETF Portfolio (TSE:VGRO) Sets New 52-Week High - Time to Buy?

Key Points

• The Vanguard Growth ETF Portfolio (TSE:VGRO) achieved a new 52-week high of C$41.78, with the last trade at C$41.72 and a trading volume of 119,816 shares.
• The ETF has raised its quarterly dividend from $0.18 to $0.2123, equating to an annualized dividend of $0.85 and a yield of 2.0%.
• Vanguard Growth ETF Portfolio aims to provide long-term capital growth through investments in equity and fixed income securities, potentially through Vanguard-managed exchange-traded funds.

Vanguard Growth ETF Portfolio (TSE:VGRO - Get Free Report)'s share price hit a new 52-week high on Tuesday . The company traded as high as C$41.78 and last traded at C$41.72, with a volume of 119816 shares changing hands. The stock had previously closed at C$41.66.

Vanguard Growth ETF Portfolio Trading Up 0.3%

The business's fifty day simple moving average is C$40.38 and its 200 day simple moving average is C$38.47.

Vanguard Growth ETF Portfolio Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Wednesday, July 9th were issued a dividend of $0.2123 per share. This is a boost from Vanguard Growth ETF Portfolio's previous quarterly dividend of $0.18. This represents a $0.85 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend 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).