Vanguard Growth ETF Portfolio (TSE:VGRO) Stock Breaks Above Fifty Day Moving Average – Here’s Why

Vanguard Growth ETF Portfolio (TSE:VGRO) passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of C$47.57 and traded as high as C$47.96. Vanguard Growth ETF Portfolio shares last traded at C$47.89, with a volume of 136,773 shares trading hands.

Vanguard Growth ETF Portfolio Stock Performance

The firm has a 50 day simple moving average of C$47.57 and a two-hundred day simple moving average of C$46.21.

Vanguard Growth ETF Portfolio Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, October 8th were given a $0.1891 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from Vanguard Growth ETF Portfolio’s previous quarterly dividend of $0.2349.

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.