Fonville Wealth Management LLC Has $15.08 Million Stock Holdings in Vanguard Growth ETF $VUG

Fonville Wealth Management LLC raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 579.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 175,047 shares of the company’s stock after purchasing an additional 149,279 shares during the quarter. Vanguard Growth ETF accounts for about 2.5% of Fonville Wealth Management LLC’s portfolio, making the stock its 8th biggest position. Fonville Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $15,079,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of VUG. Turning Point Benefit Group Inc. bought a new position in Vanguard Growth ETF during the 3rd quarter valued at $26,000. Strategic Wealth Advisors LLC bought a new stake in shares of Vanguard Growth ETF in the 4th quarter worth $35,000. Garner Asset Management Corp bought a new stake in shares of Vanguard Growth ETF in the 4th quarter worth $41,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at about $41,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at about $44,000.

Vanguard Growth ETF Price Performance

VUG opened at $89.34 on Friday. The company’s 50-day moving average is $86.09 and its 200 day moving average is $82.23. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60. The firm has a market capitalization of $231.11 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.