Grantvest Financial Group LLC Makes New Investment in Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG)

Grantvest Financial Group LLC bought a new position in shares of Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,348 shares of the company’s stock, valued at approximately $1,226,000. Vanguard S&P 500 Growth ETF accounts for about 1.4% of Grantvest Financial Group LLC’s portfolio, making the stock its 19th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Sunbelt Securities Inc. lifted its position in Vanguard S&P 500 Growth ETF by 87.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 73 shares of the company’s stock worth $25,000 after buying an additional 34 shares during the last quarter. Tradewinds Capital Management LLC bought a new position in shares of Vanguard S&P 500 Growth ETF in the 4th quarter worth approximately $37,000. Spire Wealth Management raised its holdings in Vanguard S&P 500 Growth ETF by 76.3% in the fourth quarter. Spire Wealth Management now owns 134 shares of the company’s stock worth $49,000 after purchasing an additional 58 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in Vanguard S&P 500 Growth ETF during the 4th quarter valued at about $50,000. Finally, Lee Danner & Bass Inc. bought a new stake in shares of Vanguard S&P 500 Growth ETF in the 4th quarter worth approximately $64,000.

Vanguard S&P 500 Growth ETF Trading Up 0.2 %

NYSEARCA VOOG opened at $342.58 on Monday. The stock has a market cap of $14.75 billion, a P/E ratio of 29.84 and a beta of 1.08. Vanguard S&P 500 Growth ETF has a 12 month low of $285.24 and a 12 month high of $386.44. The stock’s fifty day moving average price is $366.01 and its 200-day moving average price is $359.71.

Vanguard S&P 500 Growth ETF Profile

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.