Blue Edge Capital LLC purchased a new stake in Vanguard Growth ETF (NYSEARCA:VUG – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 879,889 shares of the company’s stock, valued at approximately $75,794,000. Vanguard Growth ETF makes up about 9.1% of Blue Edge Capital LLC’s portfolio, making the stock its largest position.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Turning Point Benefit Group Inc. acquired a new stake in shares of Vanguard Growth ETF during the 3rd quarter worth about $26,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at $35,000. Garner Asset Management Corp acquired a new position in Vanguard Growth ETF during the 4th quarter valued at about $41,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of Vanguard Growth ETF during the fourth quarter worth approximately $41,000. Finally, Lifetime Wealth Management P.C. bought a new stake in shares of Vanguard Growth ETF during the fourth quarter worth approximately $44,000.
Vanguard Growth ETF Stock Up 1.7%
NYSEARCA:VUG opened at $88.90 on Friday. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The stock’s fifty day simple moving average is $86.43 and its 200-day simple moving average is $82.75. The firm has a market capitalization of $229.97 billion, a P/E ratio of 36.22 and a beta of 1.22.
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.
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