Mountain Capital Investment Advisors Inc. Has $124.08 Million Position in Vanguard Growth ETF $VUG

Mountain Capital Investment Advisors Inc. increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 285,908 shares of the company’s stock after acquiring an additional 21,406 shares during the period. Vanguard Growth ETF comprises approximately 23.8% of Mountain Capital Investment Advisors Inc.’s portfolio, making the stock its 2nd biggest holding. Mountain Capital Investment Advisors Inc.’s holdings in Vanguard Growth ETF were worth $124,075,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC bought a new position in shares of Vanguard Growth ETF during the first quarter valued at approximately $29,000. Allianz SE purchased a new stake in shares of Vanguard Growth ETF in the 1st quarter worth $29,000. Hager Investment Management Services LLC bought a new position in shares of Vanguard Growth ETF during the 1st quarter worth $31,000. Costello Asset Management INC purchased a new stake in Vanguard Growth ETF in the first quarter worth about $31,000. Finally, Legend Financial Advisors Inc. purchased a new position in Vanguard Growth ETF during the 2nd quarter valued at about $31,000.

Vanguard Growth ETF Stock Up 0.5%

NYSEARCA VUG opened at $478.24 on Monday. The company has a 50 day moving average price of $470.18 and a 200 day moving average price of $431.79. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $488.51. The firm has a market cap of $194.13 billion, a PE ratio of 36.22 and a beta of 1.11.

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.