GAMMA Investing LLC Buys 20,482 Shares of Vanguard Growth ETF $VUG

GAMMA Investing LLC raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 504.0% in the second quarter, Holdings Channel reports. The fund owned 24,546 shares of the company’s stock after acquiring an additional 20,482 shares during the period. GAMMA Investing LLC’s holdings in Vanguard Growth ETF were worth $2,114,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Turning Point Benefit Group Inc. purchased a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at about $26,000. Strategic Wealth Advisors LLC purchased a new stake in Vanguard Growth ETF in the fourth quarter valued at approximately $35,000. Garner Asset Management Corp acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $41,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $41,000. Finally, Lifetime Wealth Management P.C. purchased a new position in shares of Vanguard Growth ETF during the fourth quarter worth approximately $44,000.

Vanguard Growth ETF Price Performance

VUG stock opened at $88.73 on Thursday. The company has a market cap of $229.53 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The company has a fifty day moving average price of $86.08 and a 200 day moving average price of $81.80. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month 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.