Everhart Financial Group Inc. Has $178.28 Million Position in Vanguard Growth ETF $VUG

Everhart Financial Group Inc. grew its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 535.5% in the 2nd quarter, Holdings Channel reports. The firm owned 2,069,696 shares of the company’s stock after acquiring an additional 1,744,039 shares during the quarter. Vanguard Growth ETF accounts for about 11.4% of Everhart Financial Group Inc.’s portfolio, making the stock its 2nd largest holding. Everhart Financial Group Inc.’s holdings in Vanguard Growth ETF were worth $178,284,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Valpey Financial Services LLC increased its position in shares of Vanguard Growth ETF by 46,787.8% during the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after buying an additional 8,151,373 shares during the period. Bank of America Corp DE raised its stake in Vanguard Growth ETF by 14.1% during the first quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after buying an additional 6,771,524 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in Vanguard Growth ETF in the fourth quarter valued at $1,690,059,000. Avior Wealth Management LLC lifted its holdings in Vanguard Growth ETF by 533.8% in the second quarter. Avior Wealth Management LLC now owns 2,759,568 shares of the company’s stock valued at $237,605,000 after buying an additional 2,324,150 shares during the period. Finally, Clark Asset Management LLC boosted its position in Vanguard Growth ETF by 537.5% during the second quarter. Clark Asset Management LLC now owns 1,409,521 shares of the company’s stock valued at $121,416,000 after acquiring an additional 1,188,426 shares during the last quarter.

Vanguard Growth ETF Trading Up 0.8%

Shares of VUG opened at $89.40 on Friday. The firm’s fifty day simple moving average is $86.06 and its two-hundred day simple moving average is $81.91. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60. The stock has a market capitalization of $231.26 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.