Anchor Investment Management LLC Raises Stock Position in Vanguard Growth ETF $VUG

Anchor Investment Management LLC grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 6.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,022 shares of the company’s stock after acquiring an additional 382 shares during the period. Anchor Investment Management LLC’s holdings in Vanguard Growth ETF were worth $2,233,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Smallwood Wealth Investment Management LLC purchased a new position in shares of Vanguard Growth ETF in the 1st quarter valued at $29,000. Allianz SE purchased a new position in shares of Vanguard Growth ETF in the 1st quarter valued at $29,000. Hager Investment Management Services LLC purchased a new position in shares of Vanguard Growth ETF in the 1st quarter valued at $31,000. Costello Asset Management INC purchased a new position in shares of Vanguard Growth ETF in the 1st quarter valued at $31,000. Finally, Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Vanguard Growth ETF in the 1st quarter valued at $36,000.

Vanguard Growth ETF Trading Up 0.4%

VUG opened at $467.27 on Wednesday. The company has a fifty day simple moving average of $453.43 and a 200 day simple moving average of $413.27. The firm has a market cap of $186.98 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $467.55.

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.