Fermata Advisors LLC boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG – Free Report) by 499.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 8,409 shares of the company’s stock after purchasing an additional 7,007 shares during the quarter. Fermata Advisors LLC’s holdings in Vanguard Growth ETF were worth $724,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in VUG. Turning Point Benefit Group Inc. purchased a new position in shares of Vanguard Growth ETF during the 3rd quarter worth approximately $26,000. Strategic Wealth Advisors LLC purchased a new position in Vanguard Growth ETF during the fourth quarter worth about $35,000. Garner Asset Management Corp acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter worth approximately $41,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at $41,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in Vanguard Growth ETF during the fourth quarter valued at about $44,000.
Vanguard Growth ETF Trading Down 0.4%
Shares of VUG stock opened at $88.73 on Thursday. The company’s fifty day simple moving average is $86.08 and its 200-day simple moving average is $81.80. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The company has a market cap of $229.53 billion, a PE 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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Want to see what other hedge funds are holding VUG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Growth ETF (NYSEARCA:VUG – Free Report).
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