Emergent Wealth Advisors LLC Acquires 102,436 Shares of Vanguard Growth ETF $VUG

Emergent Wealth Advisors LLC raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 544.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,249 shares of the company’s stock after acquiring an additional 102,436 shares during the quarter. Vanguard Growth ETF makes up 5.5% of Emergent Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest position. Emergent Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $10,511,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Turning Point Benefit Group Inc. purchased a new stake in Vanguard Growth ETF in the 3rd quarter valued at approximately $26,000. Strategic Wealth Advisors LLC acquired a new position in shares of Vanguard Growth ETF in the fourth quarter worth $35,000. Garner Asset Management Corp acquired a new position in shares of Vanguard Growth ETF in the fourth quarter worth $41,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at $41,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at $44,000.

Vanguard Growth ETF Stock Down 1.0%

VUG opened at $87.37 on Wednesday. The firm has a market cap of $226.01 billion, a P/E ratio of 36.22 and a beta of 1.22. The business’s fifty day simple moving average is $86.58 and its 200 day simple moving average is $82.96. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60.

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. 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.