Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Increases Dividend to $0.48 Per Share

Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) declared a quarterly dividend on Thursday, April 3rd. Stockholders of record on Monday, December 22nd will be given a dividend of 0.4788 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, December 22nd. This is a 10.4% increase from Vanguard Mid-Cap Growth ETF’s previous quarterly dividend of $0.43.

Vanguard Mid-Cap Growth ETF Stock Up 0.7%

Shares of Vanguard Mid-Cap Growth ETF stock traded up $2.07 during trading on Friday, hitting $283.06. 255,940 shares of the stock traded hands, compared to its average volume of 217,001. The stock has a market cap of $17.63 billion, a price-to-earnings ratio of 31.98 and a beta of 1.16. Vanguard Mid-Cap Growth ETF has a 52 week low of $209.64 and a 52 week high of $298.66. The firm’s fifty day moving average is $285.15 and its 200-day moving average is $285.77.

Institutional Investors Weigh In On Vanguard Mid-Cap Growth ETF

Hedge funds have recently made changes to their positions in the business. Anfield Capital Management LLC raised its position in Vanguard Mid-Cap Growth ETF by 160.0% in the 2nd quarter. Anfield Capital Management LLC now owns 91 shares of the company’s stock worth $26,000 after purchasing an additional 56 shares during the period. Financial Consulate Inc. bought a new position in shares of Vanguard Mid-Cap Growth ETF during the third quarter valued at about $26,000. Phillips Financial Management LLC purchased a new position in shares of Vanguard Mid-Cap Growth ETF in the third quarter worth about $28,000. Guerra Advisors Inc purchased a new position in shares of Vanguard Mid-Cap Growth ETF in the third quarter worth about $31,000. Finally, Founders Capital Management bought a new stake in shares of Vanguard Mid-Cap Growth ETF in the 3rd quarter valued at about $32,000.

About Vanguard Mid-Cap Growth ETF

Vanguard Mid-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Mid-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Mid Cap Growth Index (the Index). The Index is a diversified index of growth stocks of medium-size United States companies. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.