Vanguard Wellington Dividend Growth Active ETF seeks to provide a growing stream of income over time and long-term capital appreciation and current income. The fund invests primarily in stocks that tend to offer current dividends. The advisor focuses on stocks of high-quality companies that have prospects for long-term total returns as a result of their ability to grow earnings and their willingness to increase dividends over time. These stocks typically (but not always) are large-cap, undervalued relative to the market, and show potential for increasing dividends. The fund is non-diversified.
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