Vanguard Growth ETF Portfolio (TSE:VGRO) Shares Down 0.9% – Time to Sell?

Vanguard Growth ETF Portfolio (TSE:VGRO) shares traded down 0.9% during mid-day trading on Thursday . The company traded as low as C$46.70 and last traded at C$46.85. Approximately 151,035 shares traded hands during trading, a decline of 34% from the average session volume of 228,857 shares. The stock had previously closed at C$47.26.

Vanguard Growth ETF Portfolio Stock Performance

The stock’s 50 day moving average price is C$47.14 and its two-hundred day moving average price is C$45.21.

Vanguard Growth ETF Portfolio Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Thursday, July 2nd. This is an increase from Vanguard Growth ETF Portfolio’s previous quarterly dividend of $0.17. This represents a $0.94 dividend on an annualized basis and a dividend yield of 2.0%.

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.