Florida Trust Wealth Management Co Has $83.05 Million Holdings in Vanguard Growth ETF $VUG

Florida Trust Wealth Management Co raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 504.2% in the second quarter, Holdings Channel.com reports. The firm owned 964,154 shares of the company’s stock after acquiring an additional 804,589 shares during the period. Vanguard Growth ETF makes up approximately 2.1% of Florida Trust Wealth Management Co’s holdings, making the stock its 11th largest holding. Florida Trust Wealth Management Co’s holdings in Vanguard Growth ETF were worth $83,052,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of VUG. Turning Point Benefit Group Inc. bought a new stake in shares of Vanguard Growth ETF in the third quarter valued at about $26,000. Kentucky Trust Co increased its stake in Vanguard Growth ETF by 500.0% during the second quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after acquiring an additional 280 shares during the period. Byrne Asset Management LLC increased its stake in Vanguard Growth ETF by 500.0% during the second quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after acquiring an additional 310 shares during the period. Strategic Wealth Advisors LLC acquired a new position in Vanguard Growth ETF in the 4th quarter valued at approximately $35,000. Finally, Garner Asset Management Corp acquired a new position in Vanguard Growth ETF in the 4th quarter valued at approximately $41,000.

Vanguard Growth ETF Trading Down 0.4%

Shares of VUG stock opened at $89.34 on Friday. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60. The company has a market capitalization of $231.11 billion, a P/E ratio of 36.22 and a beta of 1.22. The stock has a 50 day moving average of $86.09 and a two-hundred day moving average of $82.23.

Vanguard Growth ETF 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.