Precedent Wealth Partners LLC Invests $326,000 in Vanguard Growth ETF $VUG

Precedent Wealth Partners LLC acquired a new position in Vanguard Growth ETF (NYSEARCA:VUG) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 744 shares of the company’s stock, valued at approximately $326,000.

Other large investors have also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC purchased a new stake in Vanguard Growth ETF during the 1st quarter worth approximately $29,000. Allianz SE purchased a new stake in Vanguard Growth ETF during the 1st quarter worth approximately $29,000. Hager Investment Management Services LLC purchased a new stake in Vanguard Growth ETF during the 1st quarter worth approximately $31,000. Costello Asset Management INC purchased a new stake in Vanguard Growth ETF during the 1st quarter worth approximately $31,000. Finally, Legend Financial Advisors Inc. purchased a new stake in Vanguard Growth ETF during the 2nd quarter worth approximately $31,000.

Vanguard Growth ETF Stock Down 0.4%

Shares of VUG opened at $481.44 on Friday. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $484.77. The firm’s 50 day moving average price is $464.97 and its 200 day moving average price is $423.98. The company has a market cap of $195.83 billion, a P/E 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.