Anchor Investment Management LLC Boosts Stake in Vanguard Growth ETF $VUG

Anchor Investment Management LLC increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 585.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,923 shares of the company’s stock after purchasing an additional 52,888 shares during the quarter. Anchor Investment Management LLC’s holdings in Vanguard Growth ETF were worth $5,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of VUG. Reynders McVeigh Capital Management LLC increased its position in Vanguard Growth ETF by 562.8% during the second quarter. Reynders McVeigh Capital Management LLC now owns 40,913 shares of the company’s stock valued at $3,524,000 after acquiring an additional 34,740 shares during the last quarter. Cherry Tree Wealth Management LLC boosted its position in Vanguard Growth ETF by 514.1% in the second quarter. Cherry Tree Wealth Management LLC now owns 21,802 shares of the company’s stock worth $1,878,000 after purchasing an additional 18,252 shares during the last quarter. Bullseye Investment Management LLC bought a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at about $31,000. Smith Chas P & Associates PA Cpas increased its position in shares of Vanguard Growth ETF by 491.4% during the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 4,146 shares of the company’s stock valued at $357,000 after purchasing an additional 3,445 shares during the last quarter. Finally, Talon Private Wealth LLC increased its position in shares of Vanguard Growth ETF by 371.2% during the 2nd quarter. Talon Private Wealth LLC now owns 75,722 shares of the company’s stock valued at $6,523,000 after purchasing an additional 59,653 shares during the last quarter.

Vanguard Growth ETF Price Performance

Shares of VUG traded down $0.65 on Tuesday, reaching $87.06. The company’s stock had a trading volume of 6,027,271 shares, compared to its average volume of 8,542,140. The stock’s 50 day simple moving average is $87.13 and its two-hundred day simple moving average is $83.67. The stock has a market capitalization of $225.21 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month 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.