Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) Shareholders to Receive $0.39 Quarterly Dividend

Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT) declared a quarterly dividend on Tuesday, January 27th. Investors of record on Monday, September 28th will be paid a dividend of $0.3892 per share on Wednesday, September 30th. This represents a $1.56 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, September 28th. This is a 2.5% decrease from Vanguard Mid-Cap Growth ETF’s previous quarterly dividend of $0.3993.

Vanguard Mid-Cap Growth ETF Stock Up 0.4%

Shares of NYSEARCA:VOT opened at $297.30 on Friday. The firm has a market cap of $19.28 billion, a P/E ratio of 31.98 and a beta of 1.16. Vanguard Mid-Cap Growth ETF has a 12 month low of $248.23 and a 12 month high of $315.14. The company’s 50-day moving average price is $299.76 and its two-hundred day moving average price is $290.47.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its position in Vanguard Mid-Cap Growth ETF by 2.6% in the 1st quarter. Bank of America Corp DE now owns 2,157,636 shares of the company’s stock valued at $555,268,000 after buying an additional 54,788 shares during the last quarter. Truepoint Inc. lifted its stake in shares of Vanguard Mid-Cap Growth ETF by 2.5% during the fourth quarter. Truepoint Inc. now owns 1,068,574 shares of the company’s stock valued at $298,282,000 after acquiring an additional 25,761 shares during the period. PNC Financial Services Group Inc. boosted its holdings in Vanguard Mid-Cap Growth ETF by 1.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,114,697 shares of the company’s stock valued at $286,867,000 after acquiring an additional 10,638 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Vanguard Mid-Cap Growth ETF by 22.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 902,235 shares of the company’s stock worth $251,850,000 after purchasing an additional 163,438 shares during the period. Finally, LPL Financial LLC increased its position in Vanguard Mid-Cap Growth ETF by 6.8% in the fourth quarter. LPL Financial LLC now owns 876,401 shares of the company’s stock worth $244,638,000 after purchasing an additional 55,656 shares during the period.

Vanguard Mid-Cap Growth ETF Company Profile

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.