Vanguard Growth ETF Portfolio (TSE:VGRO) Shares Up 0.5% - Time to Buy?

Key Points

• The Vanguard Growth ETF Portfolio (TSE:VGRO) shares increased by 0.5%, with the last trading price at C$40.72, although trading volume declined by 41% compared to the average.
• The company recently declared a quarterly dividend of $0.2123 per share, reflecting a 2.1% dividend yield, up from the previous dividend of $0.18.
• Vanguard Growth ETF Portfolio focuses on providing long-term capital growth through investments in equity and fixed income securities, either directly or through other funds managed by Vanguard Investments Canada Inc.

Vanguard Growth ETF Portfolio (TSE:VGRO - )'s stock price shot up 0.5% on Wednesday . The stock traded as high as C$40.72 and last traded at C$40.72. 100,543 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 169,472 shares. The stock had previously closed at C$40.53.

Vanguard Growth ETF Portfolio Stock Up 0.5%

The firm has a 50 day simple moving average of C$39.80 and a two-hundred day simple moving average of C$38.21.

Vanguard Growth ETF Portfolio Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Wednesday, July 9th were given a $0.2123 dividend. The ex-dividend date was Wednesday, July 2nd. This represents a $0.85 dividend on an annualized basis and a dividend 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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