Connecticut Wealth Management LLC Has $37.13 Million Position in Vanguard Growth ETF (NYSEARCA:VUG)

Connecticut Wealth Management LLC grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 3.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 119,420 shares of the company’s stock after acquiring an additional 3,760 shares during the quarter. Vanguard Growth ETF makes up about 2.1% of Connecticut Wealth Management LLC’s holdings, making the stock its 10th biggest holding. Connecticut Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $37,125,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VUG. Financiere des Professionnels Fonds d investissement inc. bought a new stake in shares of Vanguard Growth ETF in the third quarter valued at about $27,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Vanguard Growth ETF during the fourth quarter worth $27,000. ARK Investment Management LLC raised its stake in Vanguard Growth ETF by 73.2% in the fourth quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after buying an additional 41 shares during the last quarter. Arvest Investments Inc. purchased a new stake in shares of Vanguard Growth ETF during the fourth quarter worth about $30,000. Finally, Orion Capital Management LLC purchased a new stake in Vanguard Growth ETF during the 3rd quarter worth approximately $35,000.

Vanguard Growth ETF Trading Up 1.7 %

Shares of NYSEARCA VUG traded up $5.79 during midday trading on Friday, reaching $338.99. The company had a trading volume of 836,023 shares, compared to its average volume of 1,046,997. Vanguard Growth ETF has a 1 year low of $246.28 and a 1 year high of $348.88. The business’s 50-day simple moving average is $338.80 and its 200 day simple moving average is $316.85. The stock has a market cap of $116.78 billion, a P/E ratio of 39.58 and a beta of 1.26.

Vanguard Growth ETF Company 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.