Foundations Investment Advisors LLC Raises Stake in Vanguard Growth ETF $VUG

Foundations Investment Advisors LLC grew its position in Vanguard Growth ETF (NYSEARCA:VUG) by 27.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,030 shares of the company’s stock after purchasing an additional 20,474 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $41,661,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Legend Financial Advisors Inc. purchased a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at about $31,000. Biltmore Family Office LLC purchased a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth approximately $31,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at $32,000. Allianz SE purchased a new position in shares of Vanguard Growth ETF in the 1st quarter valued at $29,000. Finally, Costello Asset Management INC acquired a new position in Vanguard Growth ETF in the first quarter valued at $31,000.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $483.52 on Friday. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $505.38. The firm has a market cap of $196.27 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. The stock’s 50-day moving average is $483.04 and its two-hundred day moving average is $450.32.

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.