Founders Grove Wealth Partners LLC purchased a new stake in Vanguard Growth ETF (NYSEARCA:VUG – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 42,865 shares of the company’s stock, valued at approximately $17,594,000. Vanguard Growth ETF accounts for approximately 5.1% of Founders Grove Wealth Partners LLC’s holdings, making the stock its 3rd largest position.
A number of other hedge funds and other institutional investors have also made changes to their positions in VUG. Teachers Insurance & Annuity Association of America purchased a new stake in Vanguard Growth ETF in the 3rd quarter valued at about $35,000. Rosenberg Matthew Hamilton boosted its stake in Vanguard Growth ETF by 494.1% during the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after buying an additional 84 shares during the period. Peterson Financial Group Inc. acquired a new stake in shares of Vanguard Growth ETF during the third quarter valued at about $48,000. Transcendent Capital Group LLC raised its stake in shares of Vanguard Growth ETF by 420.8% in the 3rd quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock valued at $48,000 after acquiring an additional 101 shares during the period. Finally, Mendota Financial Group LLC acquired a new position in shares of Vanguard Growth ETF in the 4th quarter worth approximately $62,000.
Vanguard Growth ETF Stock Down 0.4 %
NYSEARCA:VUG opened at $403.83 on Wednesday. The stock’s fifty day moving average is $413.12 and its two-hundred day moving average is $389.44. Vanguard Growth ETF has a 52 week low of $307.85 and a 52 week high of $428.69. The stock has a market capitalization of $139.12 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.
About Vanguard Growth ETF
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.
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