Vanguard Growth ETF $VUG Shares Bought by Pointe Capital Management LLC

Pointe Capital Management LLC lifted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 500.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,770 shares of the company’s stock after buying an additional 6,475 shares during the quarter. Pointe Capital Management LLC’s holdings in Vanguard Growth ETF were worth $669,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bonfire Financial boosted its holdings in shares of Vanguard Growth ETF by 494.4% during the 2nd quarter. Bonfire Financial now owns 102,807 shares of the company’s stock worth $8,856,000 after purchasing an additional 85,512 shares during the last quarter. Canandaigua National Bank & Trust Co. acquired a new stake in shares of Vanguard Growth ETF in the second quarter valued at approximately $1,635,000. Abound Wealth Management increased its holdings in shares of Vanguard Growth ETF by 602.7% in the second quarter. Abound Wealth Management now owns 10,456 shares of the company’s stock valued at $901,000 after purchasing an additional 8,968 shares during the last quarter. Calder Financial LLC lifted its position in Vanguard Growth ETF by 502.0% during the second quarter. Calder Financial LLC now owns 55,893 shares of the company’s stock worth $4,815,000 after buying an additional 46,609 shares in the last quarter. Finally, Valued Retirements Inc. lifted its position in Vanguard Growth ETF by 499.9% during the second quarter. Valued Retirements Inc. now owns 10,366 shares of the company’s stock worth $893,000 after buying an additional 8,638 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.4%

Shares of NYSEARCA:VUG opened at $88.12 on Wednesday. The business has a fifty day moving average of $87.00 and a two-hundred day moving average of $83.37. The stock has a market cap of $227.95 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60.

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.