Vanguard Growth ETF Portfolio (TSE:VGRO) Reaches New 1-Year High - Should You Buy?

Key Points

• The Vanguard Growth ETF Portfolio (TSE:VGRO) reached a new 52-week high, trading at C$41.35, with a last trade of C$41.32.
• The ETF recently increased its quarterly dividend to $0.2123 per share, representing an annualized yield of 2.1%, up from the previous dividend of $0.18.
• This portfolio aims to provide long-term capital growth through investments in equity and fixed income securities, potentially through other Vanguard-managed funds.

Vanguard Growth ETF Portfolio (TSE:VGRO - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$41.35 and last traded at C$41.32, with a volume of 116314 shares trading hands. The stock had previously closed at C$41.24.

Vanguard Growth ETF Portfolio Stock Up 0.2%

The firm has a 50 day moving average price of C$40.12 and a 200-day moving average price of C$38.35.

Vanguard Growth ETF Portfolio Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Wednesday, July 9th were paid a $0.2123 dividend. 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. This is a positive change from Vanguard Growth ETF Portfolio's previous quarterly dividend of $0.18.

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).