Vanguard Growth ETF $VUG Shares Purchased by Founders Grove Wealth Partners LLC

Founders Grove Wealth Partners LLC increased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 5.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 47,449 shares of the company’s stock after buying an additional 2,458 shares during the period. Vanguard Growth ETF makes up about 5.2% of Founders Grove Wealth Partners LLC’s portfolio, making the stock its 3rd largest holding. Founders Grove Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $20,802,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Wells Trecaso Financial Group LLC raised its position in shares of Vanguard Growth ETF by 2.7% during the 2nd quarter. Wells Trecaso Financial Group LLC now owns 886 shares of the company’s stock worth $388,000 after purchasing an additional 23 shares during the period. K2 Financial Inc. boosted its position in Vanguard Growth ETF by 0.5% during the 2nd quarter. K2 Financial Inc. now owns 5,541 shares of the company’s stock valued at $2,461,000 after purchasing an additional 25 shares during the period. Crestwood Advisors Group LLC boosted its position in Vanguard Growth ETF by 0.5% during the 1st quarter. Crestwood Advisors Group LLC now owns 5,217 shares of the company’s stock valued at $1,935,000 after purchasing an additional 26 shares during the period. Balanced Rock Investment Advisors LLC boosted its position in Vanguard Growth ETF by 1.4% during the 1st quarter. Balanced Rock Investment Advisors LLC now owns 1,893 shares of the company’s stock valued at $702,000 after purchasing an additional 26 shares during the period. Finally, Yarger Wealth Strategies LLC boosted its holdings in shares of Vanguard Growth ETF by 4.7% during the second quarter. Yarger Wealth Strategies LLC now owns 582 shares of the company’s stock valued at $255,000 after acquiring an additional 26 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $479.63 on Tuesday. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $488.51. The company has a market cap of $194.69 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11. The firm has a fifty day moving average of $468.41 and a 200-day moving average of $428.78.

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.