Sterling Group Wealth Management LLC Has $316,000 Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Sterling Group Wealth Management LLC lifted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 771 shares of the company’s stock after purchasing an additional 55 shares during the period. Sterling Group Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $316,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Jennison Associates LLC increased its stake in shares of Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after buying an additional 1,779 shares during the period. First City Capital Management Inc. raised its stake in shares of Vanguard Growth ETF by 30.3% during the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock worth $487,000 after buying an additional 276 shares during the last quarter. Creative Planning lifted its stake in shares of Vanguard Growth ETF by 1.4% in the 3rd quarter. Creative Planning now owns 271,283 shares of the company’s stock valued at $104,154,000 after purchasing an additional 3,749 shares during the period. Worth Asset Management LLC boosted its position in shares of Vanguard Growth ETF by 831.2% in the 4th quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock worth $10,296,000 after purchasing an additional 22,392 shares during the last quarter. Finally, Creekside Partners acquired a new stake in shares of Vanguard Growth ETF during the second quarter worth $365,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $426.08 on Friday. Vanguard Growth ETF has a 52-week low of $317.59 and a 52-week high of $428.69. The stock has a market cap of $146.78 billion, a P/E ratio of 39.58 and a beta of 1.26. The firm has a 50 day moving average price of $414.30 and a 200 day moving average price of $390.84.

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.