Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Declares Dividend Increase – $0.48 Per Share

Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) declared a quarterly dividend on Thursday, April 3rd. Shareholders of record on Monday, December 22nd will be paid a dividend of 0.4788 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a 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 Price Performance

Shares of VOT traded up $2.07 during trading hours on Friday, hitting $283.06. The company’s stock had a trading volume of 255,940 shares, compared to its average volume of 217,001. The business has a 50 day simple moving average of $285.15 and a two-hundred day simple moving average of $285.77. Vanguard Mid-Cap Growth ETF has a 52-week low of $209.64 and a 52-week high of $298.66. The company has a market cap of $17.63 billion, a price-to-earnings ratio of 31.98 and a beta of 1.16.

Institutional Investors Weigh In On Vanguard Mid-Cap Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Anfield Capital Management LLC lifted its holdings in Vanguard Mid-Cap Growth ETF by 160.0% during 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 in the last quarter. Financial Consulate Inc. bought a new position in shares of Vanguard Mid-Cap Growth ETF in the third quarter valued at approximately $26,000. Phillips Financial Management LLC purchased a new position in Vanguard Mid-Cap Growth ETF during the third quarter valued at approximately $28,000. Guerra Advisors Inc purchased a new position in Vanguard Mid-Cap Growth ETF during the third quarter valued at approximately $31,000. Finally, Founders Capital Management bought a new stake in Vanguard Mid-Cap Growth ETF during the 3rd quarter worth approximately $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.