Vanguard Growth ETF (NYSEARCA:VUG) Sets New 52-Week High – Time to Buy?

Vanguard Growth ETF (NYSEARCA:VUG)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $412.99 and last traded at $412.95, with a volume of 275467 shares traded. The stock had previously closed at $409.13.

Vanguard Growth ETF Stock Performance

The firm’s 50-day moving average is $393.58 and its 200 day moving average is $377.16. The firm has a market capitalization of $142.24 billion, a PE ratio of 39.58 and a beta of 1.26.

Institutional Investors Weigh In On Vanguard Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in VUG. Beaird Harris Wealth Management LLC lifted its holdings in Vanguard Growth ETF by 12.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 728 shares of the company’s stock valued at $280,000 after purchasing an additional 78 shares in the last quarter. Peapack Gladstone Financial Corp lifted its holdings in Vanguard Growth ETF by 12.6% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 6,168 shares of the company’s stock valued at $2,369,000 after purchasing an additional 689 shares in the last quarter. Synovus Financial Corp lifted its holdings in Vanguard Growth ETF by 98.9% in the 3rd quarter. Synovus Financial Corp now owns 65,265 shares of the company’s stock valued at $25,058,000 after purchasing an additional 32,454 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its holdings in Vanguard Growth ETF by 1,274.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 26,477 shares of the company’s stock valued at $10,165,000 after purchasing an additional 24,551 shares in the last quarter. Finally, Sfmg LLC lifted its holdings in Vanguard Growth ETF by 2.1% in the 3rd quarter. Sfmg LLC now owns 1,689 shares of the company’s stock valued at $648,000 after purchasing an additional 35 shares in the last quarter.

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.