Vanguard Growth ETF (NYSEARCA:VUG) Reaches New 52-Week High – Here’s What Happened

Vanguard Growth ETF (NYSEARCA:VUG)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $397.40 and last traded at $397.40, with a volume of 17928 shares trading hands. The stock had previously closed at $390.21.

Vanguard Growth ETF Stock Performance

The firm’s 50 day moving average price is $383.05 and its two-hundred day moving average price is $369.65. The firm has a market cap of $140.50 billion, a PE ratio of 39.58 and a beta of 1.26.

Institutional Trading of Vanguard Growth ETF

Several hedge funds have recently made changes to their positions in VUG. Strategic Financial Concepts LLC grew its stake in shares of Vanguard Growth ETF by 40,514.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock valued at $2,072,878,000 after buying an additional 5,528,660 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Vanguard Growth ETF during the 2nd quarter worth approximately $270,138,000. Axiom Advisory LLC boosted its position in shares of Vanguard Growth ETF by 9.3% during the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after purchasing an additional 614,652 shares during the period. Cetera Investment Advisers boosted its position in shares of Vanguard Growth ETF by 114.2% during the 1st quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock worth $356,673,000 after purchasing an additional 552,439 shares during the period. Finally, Retirement Investment Advisors Inc. purchased a new position in shares of Vanguard Growth ETF during the 2nd quarter worth approximately $181,622,000.

Vanguard Growth ETF Company Profile

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies.