Stone Summit Wealth LLC Has $7.38 Million Stock Position in Vanguard Growth ETF $VUG

Stone Summit Wealth LLC raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 86.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,382 shares of the company’s stock after buying an additional 7,144 shares during the quarter. Vanguard Growth ETF comprises 2.1% of Stone Summit Wealth LLC’s investment portfolio, making the stock its 12th largest holding. Stone Summit Wealth LLC’s holdings in Vanguard Growth ETF were worth $7,377,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Motco raised its stake in Vanguard Growth ETF by 30.7% during the 3rd quarter. Motco now owns 6,109 shares of the company’s stock valued at $2,930,000 after purchasing an additional 1,434 shares during the last quarter. Family Investment Center Inc. acquired a new stake in Vanguard Growth ETF in the 3rd quarter worth $201,000. WESPAC Advisors SoCal LLC increased its holdings in shares of Vanguard Growth ETF by 8.6% during the 3rd quarter. WESPAC Advisors SoCal LLC now owns 4,997 shares of the company’s stock worth $2,397,000 after purchasing an additional 394 shares during the period. DBK Financial Counsel LLC increased its holdings in shares of Vanguard Growth ETF by 165.0% during the 3rd quarter. DBK Financial Counsel LLC now owns 1,659 shares of the company’s stock worth $796,000 after purchasing an additional 1,033 shares during the period. Finally, Spreng Capital Management Inc. increased its holdings in shares of Vanguard Growth ETF by 0.7% during the 3rd quarter. Spreng Capital Management Inc. now owns 52,235 shares of the company’s stock worth $25,052,000 after purchasing an additional 357 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $486.20 on Monday. The company has a 50-day simple moving average of $488.99 and a 200-day simple moving average of $470.36. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $505.38. The firm has a market capitalization of $197.36 billion, a P/E ratio of 36.22 and a beta of 1.17.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.