Carmel Capital Partners LLC Takes Position in Vanguard Growth ETF $VUG

Carmel Capital Partners LLC acquired a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 489 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of VUG. Jones Financial Companies Lllp increased its stake in Vanguard Growth ETF by 12.9% during the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after purchasing an additional 3,694,339 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its stake in Vanguard Growth ETF by 20,581.9% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 832,862 shares of the company’s stock valued at $308,842,000 after purchasing an additional 828,835 shares in the last quarter. Wealthspire Advisors LLC increased its stake in Vanguard Growth ETF by 101.4% during the 1st quarter. Wealthspire Advisors LLC now owns 919,556 shares of the company’s stock valued at $340,990,000 after purchasing an additional 463,025 shares in the last quarter. Money Design Co. Ltd. increased its stake in Vanguard Growth ETF by 286.8% during the 1st quarter. Money Design Co. Ltd. now owns 542,744 shares of the company’s stock valued at $201,260,000 after purchasing an additional 402,421 shares in the last quarter. Finally, Merit Financial Group LLC increased its stake in Vanguard Growth ETF by 73.9% during the 2nd quarter. Merit Financial Group LLC now owns 817,453 shares of the company’s stock valued at $358,372,000 after purchasing an additional 347,412 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.5%

Shares of VUG stock opened at $478.24 on Friday. The firm has a market capitalization of $194.13 billion, a PE ratio of 36.22 and a beta of 1.11. The firm has a fifty day simple moving average of $470.18 and a two-hundred day simple moving average of $431.26. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $488.51.

About Vanguard Growth ETF

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.