Meridian Wealth Partners LLC Increases Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Meridian Wealth Partners LLC lifted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 46.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 867 shares of the company’s stock after buying an additional 276 shares during the period. Meridian Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $356,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $28,000. Human Investing LLC purchased 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 shares of Vanguard Growth ETF during the fourth quarter valued at approximately $33,000. Providence First Trust Co purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $33,000. Finally, Global Trust Asset Management LLC boosted its position in shares of 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 valued at $34,000 after buying an additional 75 shares during the last quarter.

Vanguard Growth ETF Trading Up 0.6 %

VUG stock opened at $380.36 on Friday. The stock’s fifty day simple moving average is $406.98 and its two-hundred day simple moving average is $401.35. Vanguard Growth ETF has a 1-year low of $321.29 and a 1-year high of $429.11. The stock has a market cap of $376.96 billion, a P/E ratio of 35.10 and a beta of 1.14.

Vanguard Growth ETF 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.