Vanguard Growth ETF $VUG Shares Purchased by Waverly Advisors LLC

Waverly Advisors LLC raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 517.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 4,770,796 shares of the company’s stock after purchasing an additional 3,997,702 shares during the quarter. Vanguard Growth ETF comprises about 2.4% of Waverly Advisors LLC’s holdings, making the stock its 3rd biggest position. Waverly Advisors LLC’s holdings in Vanguard Growth ETF were worth $410,956,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Turning Point Benefit Group Inc. purchased a new position in Vanguard Growth ETF during the third quarter worth approximately $26,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of Vanguard Growth ETF during the 4th quarter worth $41,000. Lifetime Wealth Management P.C. acquired a new position in shares of Vanguard Growth ETF during the 4th quarter valued at about $44,000. Elyxium Wealth LLC purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at about $47,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Vanguard Growth ETF during the fourth quarter worth about $48,000.

Vanguard Growth ETF Trading Down 0.4%

VUG stock traded down $0.33 during trading on Tuesday, reaching $88.12. 4,852,919 shares of the stock were exchanged, compared to its average volume of 8,638,035. The business has a 50 day moving average price of $87.00 and a 200-day moving average price of $83.37. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The firm has a market capitalization of $227.95 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.