Riversedge Advisors LLC Raises Holdings in Vanguard Growth ETF $VUG

Riversedge Advisors LLC grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 299.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 751,879 shares of the company’s stock after purchasing an additional 563,811 shares during the quarter. Vanguard Growth ETF comprises about 8.3% of Riversedge Advisors LLC’s portfolio, making the stock its 2nd biggest position. Riversedge Advisors LLC’s holdings in Vanguard Growth ETF were worth $67,752,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in VUG. Lifetime Wealth Management P.C. bought a new position in shares of Vanguard Growth ETF during the 4th quarter worth approximately $44,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at $48,000. AG Campbell Advisory LLC acquired a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $54,000. Field & Main Bank bought a new position in Vanguard Growth ETF during the second quarter worth $39,000. Finally, Evelyn Partners Asset Management Ltd grew its holdings in Vanguard Growth ETF by 460.0% in the first quarter. Evelyn Partners Asset Management Ltd now owns 140 shares of the company’s stock worth $61,000 after purchasing an additional 115 shares during the period.

Vanguard Growth ETF Stock Up 0.7%

VUG traded up $0.62 during midday trading on Friday, hitting $91.94. The company had a trading volume of 2,392,024 shares, compared to its average volume of 8,268,281. The stock’s 50 day moving average price is $88.90 and its 200 day moving average price is $85.42. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $93.00. The company has a market capitalization of $237.68 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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.