Modera Wealth Management LLC Buys 16,381 Shares of Vanguard Growth ETF $VUG

Modera Wealth Management LLC raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,195,224 shares of the company’s stock after buying an additional 16,381 shares during the quarter. Vanguard Growth ETF makes up approximately 6.5% of Modera Wealth Management LLC’s investment portfolio, making the stock its largest position. Modera Wealth Management LLC owned about 0.30% of Vanguard Growth ETF worth $523,987,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of VUG. Legend Financial Advisors Inc. acquired a new stake in Vanguard Growth ETF during the second quarter worth about $31,000. Biltmore Family Office LLC purchased a new stake in shares of Vanguard Growth ETF in the 2nd quarter valued at approximately $31,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Vanguard Growth ETF in the 2nd quarter valued at approximately $32,000. Allianz SE acquired a new stake in shares of Vanguard Growth ETF during the 1st quarter worth approximately $29,000. Finally, Costello Asset Management INC purchased a new stake in shares of Vanguard Growth ETF during the 1st quarter valued at approximately $31,000.

Vanguard Growth ETF Stock Down 1.7%

VUG stock opened at $485.84 on Friday. The business has a fifty day moving average of $479.52 and a two-hundred day moving average of $445.06. The stock has a market cap of $197.21 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38.

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.