Capital Wealth Management LLC Purchases 434,846 Shares of Vanguard Growth ETF $VUG

Capital Wealth Management LLC lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 518.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 518,759 shares of the company’s stock after purchasing an additional 434,846 shares during the period. Vanguard Growth ETF accounts for approximately 9.3% of Capital Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding. Capital Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $44,686,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of VUG. Clark Wealth Partners increased its holdings in shares of Vanguard Growth ETF by 500.0% during the 2nd quarter. Clark Wealth Partners now owns 306 shares of the company’s stock worth $26,000 after purchasing an additional 255 shares during the period. Turning Point Benefit Group Inc. bought a new position in Vanguard Growth ETF in the third quarter worth $26,000. Kentucky Trust Co boosted its stake in Vanguard Growth ETF by 500.0% during the second quarter. Kentucky Trust Co now owns 336 shares of the company’s stock worth $29,000 after buying an additional 280 shares in the last quarter. Byrne Asset Management LLC boosted its stake in Vanguard Growth ETF by 500.0% during the second quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock worth $32,000 after buying an additional 310 shares in the last quarter. Finally, Strategic Wealth Advisors LLC bought a new stake in Vanguard Growth ETF in the 4th quarter valued at $35,000.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $87.37 on Wednesday. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60. The stock has a market cap of $226.01 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The firm has a fifty day moving average of $86.58 and a 200-day moving average of $82.96.

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.