Truist Financial Corp Grows Position in Vanguard Growth ETF $VUG

Truist Financial Corp boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,030,654 shares of the company’s stock after purchasing an additional 38,903 shares during the period. Vanguard Growth ETF comprises about 0.7% of Truist Financial Corp’s investment portfolio, making the stock its 24th biggest position. Truist Financial Corp owned approximately 0.26% of Vanguard Growth ETF worth $451,839,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of VUG. Brighton Jones LLC lifted its stake in shares of Vanguard Growth ETF by 5.4% during the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after buying an additional 870 shares in the last quarter. Millennium Management LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter valued at $292,000. Fiduciary Alliance LLC purchased a new position in shares of Vanguard Growth ETF during the 1st quarter valued at $490,000. NBC Securities Inc. lifted its stake in shares of Vanguard Growth ETF by 196,900.0% during the 1st quarter. NBC Securities Inc. now owns 1,970 shares of the company’s stock valued at $730,000 after buying an additional 1,969 shares in the last quarter. Finally, Gradient Investments LLC lifted its stake in shares of Vanguard Growth ETF by 27.3% during the 1st quarter. Gradient Investments LLC now owns 936 shares of the company’s stock valued at $347,000 after buying an additional 201 shares in the last quarter.

Vanguard Growth ETF Stock Performance

VUG opened at $479.61 on Wednesday. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $484.21. The firm’s fifty day moving average is $463.17 and its 200 day moving average is $422.10. The stock has a market cap of $191.92 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11.

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.