Vanguard Growth ETF Portfolio (TSE:VGRO) Stock Falls 0.2% – Should You Sell?

Vanguard Growth ETF Portfolio (TSE:VGRO)’s share price was down 0.2% during mid-day trading on Tuesday. The stock traded as low as C$47.23 and last traded at C$47.39. Approximately 112,128 shares changed hands during trading, a decline of 47% from the average daily volume of 210,424 shares. The stock had previously closed at C$47.50.

Vanguard Growth ETF Portfolio Trading Down 0.6%

The firm’s fifty day moving average is C$47.57 and its 200-day moving average is C$46.21.

Vanguard Growth ETF Portfolio Cuts Dividend

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

Vanguard Growth ETF Portfolio Company Profile

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.