Pinion Investment Advisors LLC Raises Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Pinion Investment Advisors LLC lifted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,665 shares of the company’s stock after acquiring an additional 257 shares during the quarter. Vanguard Growth ETF makes up approximately 7.0% of Pinion Investment Advisors LLC’s holdings, making the stock its 2nd biggest holding. Pinion Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $17,512,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VUG. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at $28,000. Human Investing LLC bought a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $28,000. Cardinal Strategic Wealth Guidance purchased a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $33,000. Providence First Trust Co purchased a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $33,000. Finally, Global Trust Asset Management LLC lifted its holdings in Vanguard Growth ETF by 1,071.4% during the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock worth $34,000 after buying an additional 75 shares during the period.

Vanguard Growth ETF Stock Down 2.4 %

Vanguard Growth ETF stock opened at $395.86 on Tuesday. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $429.11. The business has a fifty day moving average of $416.96 and a two-hundred day moving average of $400.95. The firm has a market cap of $384.29 billion, a P/E ratio of 37.80 and a beta of 1.12.

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.