Root Financial Partners LLC Grows Position in Vanguard Growth ETF $VUG

Root Financial Partners LLC raised its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 62.5% during the 3rd quarter, Holdings Channel reports. The fund owned 74,804 shares of the company’s stock after purchasing an additional 28,767 shares during the period. Vanguard Growth ETF makes up approximately 2.2% of Root Financial Partners LLC’s investment portfolio, making the stock its 13th biggest position. Root Financial Partners LLC’s holdings in Vanguard Growth ETF were worth $35,877,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Legend Financial Advisors Inc. purchased a new stake in Vanguard Growth ETF during the second quarter valued at $31,000. Biltmore Family Office LLC bought a new stake in shares of Vanguard Growth ETF in the 2nd quarter worth about $31,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Vanguard Growth ETF in the 2nd quarter worth about $32,000. Kilter Group LLC purchased a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at about $33,000. Finally, Anfield Capital Management LLC lifted its holdings in shares of Vanguard Growth ETF by 266.7% in the 2nd quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock valued at $34,000 after acquiring an additional 56 shares during the last quarter.

Vanguard Growth ETF Trading Down 0.1%

VUG opened at $485.09 on Tuesday. The stock has a 50-day moving average of $487.37 and a 200 day moving average of $474.83. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $505.38. The firm has a market cap of $202.35 billion, a P/E ratio of 36.22 and a beta of 1.17.

Vanguard Growth ETF Company Profile

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.