Fountainhead AM LLC Acquires 1,707 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Fountainhead AM LLC raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 7.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,885 shares of the company’s stock after purchasing an additional 1,707 shares during the quarter. Vanguard Growth ETF accounts for approximately 2.0% of Fountainhead AM LLC’s portfolio, making the stock its 16th largest position. Fountainhead AM LLC’s holdings in Vanguard Growth ETF were worth $7,425,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. High Note Wealth LLC lifted its holdings in Vanguard Growth ETF by 4.1% during the fourth quarter. High Note Wealth LLC now owns 863 shares of the company’s stock valued at $268,000 after purchasing an additional 34 shares during the last quarter. Interchange Capital Partners LLC increased its position in shares of Vanguard Growth ETF by 1.5% in the fourth quarter. Interchange Capital Partners LLC now owns 2,411 shares of the company’s stock worth $744,000 after purchasing an additional 35 shares during the last quarter. First Bancorp Inc ME increased its position in shares of Vanguard Growth ETF by 1.8% in the fourth quarter. First Bancorp Inc ME now owns 1,951 shares of the company’s stock worth $607,000 after purchasing an additional 35 shares during the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of Vanguard Growth ETF by 5.3% in the third quarter. Hazlett Burt & Watson Inc. now owns 737 shares of the company’s stock worth $201,000 after purchasing an additional 37 shares during the last quarter. Finally, Daymark Wealth Partners LLC increased its position in shares of Vanguard Growth ETF by 1.8% in the fourth quarter. Daymark Wealth Partners LLC now owns 2,211 shares of the company’s stock worth $687,000 after purchasing an additional 39 shares during the last quarter.

Vanguard Growth ETF Stock Up 1.6 %

Shares of VUG stock traded up $5.37 during trading on Tuesday, hitting $330.98. The company had a trading volume of 834,709 shares, compared to its average volume of 1,058,248. The stock’s 50-day moving average is $339.04 and its two-hundred day moving average is $314.41. The stock has a market capitalization of $114.02 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a 52 week low of $242.98 and a 52 week high of $348.88.

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.