Golden Road Advisors LLC Makes New Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Golden Road Advisors LLC acquired a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 98,301 shares of the company’s stock, valued at approximately $30,560,000. Vanguard Growth ETF comprises about 29.2% of Golden Road Advisors LLC’s holdings, making the stock its biggest holding.

Several other large investors also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC bought a new stake in Vanguard Growth ETF in the 4th quarter valued at $27,000. ARK Investment Management LLC raised its stake in Vanguard Growth ETF by 73.2% in the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after acquiring an additional 41 shares during the period. Arvest Investments Inc. bought a new stake in Vanguard Growth ETF in the 4th quarter valued at $30,000. Financiere des Professionnels Fonds d investissement inc. bought a new stake in Vanguard Growth ETF in the 3rd quarter valued at $27,000. Finally, Wetzel Investment Advisors Inc. bought a new stake in Vanguard Growth ETF in the 4th quarter valued at $35,000.

Vanguard Growth ETF Trading Down 1.8 %

VUG stock traded down $6.21 during trading hours on Tuesday, hitting $329.82. 716,432 shares of the stock were exchanged, compared to its average volume of 1,051,132. The firm has a market capitalization of $113.62 billion, a P/E ratio of 40.31 and a beta of 1.24. The company has a 50-day simple moving average of $338.92 and a two-hundred day simple moving average of $316.24. Vanguard Growth ETF has a 12 month low of $246.28 and a 12 month 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.