Verdence Capital Advisors LLC Has $10.05 Million Holdings in Vanguard Growth ETF $VUG

Verdence Capital Advisors LLC increased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 6.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 22,924 shares of the company’s stock after purchasing an additional 1,328 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Vanguard Growth ETF were worth $10,050,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Vanguard Growth ETF in the 1st quarter valued at approximately $29,000. Allianz SE acquired a new stake in Vanguard Growth ETF during the 1st quarter valued at $29,000. Hager Investment Management Services LLC bought a new position in Vanguard Growth ETF during the first quarter worth $31,000. Costello Asset Management INC acquired a new position in shares of Vanguard Growth ETF in the first quarter valued at $31,000. Finally, Legend Financial Advisors Inc. bought a new position in shares of Vanguard Growth ETF in the second quarter valued at about $31,000.

Vanguard Growth ETF Price Performance

Shares of VUG opened at $470.44 on Monday. The firm has a market capitalization of $190.96 billion, a PE ratio of 36.22 and a beta of 1.11. The company’s 50-day moving average is $467.89 and its 200-day moving average is $428.01. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $488.51.

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.