Pinnacle Associates Ltd. Has $2 Million Position in Vanguard S&P 500 Growth ETF $VOOG

Pinnacle Associates Ltd. grew its holdings in Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) by 500.0% in the second quarter, Holdings Channel.com reports. The firm owned 24,270 shares of the company’s stock after purchasing an additional 20,225 shares during the period. Pinnacle Associates Ltd.’s holdings in Vanguard S&P 500 Growth ETF were worth $2,005,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Arista Wealth Management LLC grew its holdings in shares of Vanguard S&P 500 Growth ETF by 486.0% during the second quarter. Arista Wealth Management LLC now owns 1,054,603 shares of the company’s stock valued at $87,131,000 after buying an additional 874,638 shares in the last quarter. Apella Capital LLC raised its position in Vanguard S&P 500 Growth ETF by 463.2% during the second quarter. Apella Capital LLC now owns 445,787 shares of the company’s stock valued at $36,448,000 after buying an additional 366,632 shares during the period. Graves Light Lenhart Wealth Inc. raised its position in Vanguard S&P 500 Growth ETF by 588.4% during the second quarter. Graves Light Lenhart Wealth Inc. now owns 258,813 shares of the company’s stock valued at $21,383,000 after buying an additional 221,215 shares during the period. Align Financial LLC purchased a new stake in Vanguard S&P 500 Growth ETF in the 4th quarter worth about $55,938,000. Finally, Cooper Financial Group lifted its stake in Vanguard S&P 500 Growth ETF by 500.1% in the 2nd quarter. Cooper Financial Group now owns 118,652 shares of the company’s stock worth $9,803,000 after acquiring an additional 98,881 shares in the last quarter.

Vanguard S&P 500 Growth ETF Trading Down 0.4%

Shares of NYSEARCA VOOG opened at $85.36 on Friday. Vanguard S&P 500 Growth ETF has a one year low of $64.99 and a one year high of $86.14. The firm has a market capitalization of $27.15 billion, a PE ratio of 31.89 and a beta of 1.17. The business has a 50-day moving average price of $82.08 and a two-hundred day moving average price of $77.52.

About Vanguard S&P 500 Growth ETF

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.