Vanguard Growth ETF Portfolio (TSE:VGRO) Hits New 1-Year High – Here’s Why

Vanguard Growth ETF Portfolio (TSE:VGRO) hit a new 52-week high on Thursday . The company traded as high as C$48.50 and last traded at C$48.50, with a volume of 31890 shares changing hands. The stock had previously closed at C$48.31.

Vanguard Growth ETF Portfolio Stock Performance

The company’s 50-day moving average price is C$47.45 and its two-hundred day moving average price is C$45.59.

Vanguard Growth ETF Portfolio Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Thursday, July 9th were paid a dividend of $0.2349 per share. This is a boost from Vanguard Growth ETF Portfolio’s previous quarterly dividend of $0.17. This represents a $0.94 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Thursday, July 2nd.

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). Under normal market conditions, the sub-advisor will strive to maintain a long-term strategic asset allocation of equity (approximately 80%) and fixed income (approximately 20%) securities.