Partners Wealth Management LLC Makes New $12.63 Million Investment in Vanguard Growth ETF $VUG

Partners Wealth Management LLC bought a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 140,197 shares of the company’s stock, valued at approximately $12,633,000. Vanguard Growth ETF makes up approximately 1.3% of Partners Wealth Management LLC’s holdings, making the stock its 13th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Clark Wealth Partners increased its position in Vanguard Growth ETF by 500.0% in the 2nd quarter. Clark Wealth Partners now owns 306 shares of the company’s stock worth $26,000 after buying an additional 255 shares during the period. Kentucky Trust Co lifted its position in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock worth $29,000 after acquiring an additional 280 shares during the period. Bullseye Investment Management LLC acquired a new stake in shares of Vanguard Growth ETF during the 2nd quarter worth approximately $31,000. Byrne Asset Management LLC grew its holdings in shares of Vanguard Growth ETF by 500.0% during the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock worth $32,000 after purchasing an additional 310 shares in the last quarter. Finally, Field & Main Bank acquired a new position in shares of Vanguard Growth ETF in the second quarter valued at $39,000.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $87.69 on Friday. Vanguard Growth ETF has a one year low of $69.63 and a one year high of $93.00. The stock has a fifty day moving average price of $89.09 and a 200 day moving average price of $83.97. The stock has a market cap of $226.70 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.