Shares of Vanguard Growth ETF (NYSEARCA:VUG – Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $88.95 and last traded at $88.66, with a volume of 1901877 shares changing hands. The stock had previously closed at $88.21.
Vanguard Growth ETF Stock Up 1.0%
The firm has a market capitalization of $37.83 billion, a PE ratio of 36.22 and a beta of 1.22. The stock’s fifty day simple moving average is $80.61 and its 200 day simple moving average is $80.10.
Hedge Funds Weigh In On Vanguard Growth ETF
Hedge funds have recently modified their holdings of the company. DecisionPoint Financial LLC boosted its position in shares of Vanguard Growth ETF by 116.0% in the fourth quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock worth $26,000 after purchasing an additional 29 shares during the period. Turning Point Benefit Group Inc. bought a new position in shares of Vanguard Growth ETF in the third quarter worth approximately $26,000. Byrne Asset Management LLC boosted its position in shares of Vanguard Growth ETF by 520.0% in the fourth quarter. Byrne Asset Management LLC now owns 62 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares during the period. Team Financial Group LLC boosted its position in shares of Vanguard Growth ETF by 366.7% in the fourth quarter. Team Financial Group LLC now owns 70 shares of the company’s stock worth $34,000 after purchasing an additional 55 shares during the period. Finally, Strategic Wealth Advisors LLC bought a new position in shares of Vanguard Growth ETF in the fourth quarter worth approximately $35,000.
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.
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