Vanguard Growth ETF Portfolio (TSE:VGRO) Sets New 1-Year High - Here's Why

Key Points

• The Vanguard Growth ETF Portfolio (TSE:VGRO) reached a new 52-week high, trading at C$42.94 with a closing price of C$42.69 and a trading volume of 42,860 shares.
• The company recently cut its quarterly dividend to $0.1812 per share, resulting in an annualized dividend of $0.72 and a yield of 1.7%.
• The ETF aims for long-term capital growth by investing in equity and fixed income securities either directly or through other managed funds.

Shares of Vanguard Growth ETF Portfolio (TSE:VGRO - ) reached a new 52-week high on Tuesday . The company traded as high as C$42.94 and last traded at C$42.69, with a volume of 42860 shares. The stock had previously closed at C$42.87.

Vanguard Growth ETF Portfolio Stock Performance

The company's 50-day moving average price is C$41.54 and its two-hundred day moving average price is C$39.22.

Vanguard Growth ETF Portfolio Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Wednesday, October 8th were given a dividend of $0.1812 per share. The ex-dividend date was Wednesday, October 1st. This represents a $0.72 annualized dividend and a dividend yield of 1.7%.

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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