Gables Capital Management Inc. Has $1.11 Million Position in Vanguard Growth ETF $VUG

Gables Capital Management Inc. raised its position in Vanguard Growth ETF (NYSEARCA:VUG) by 504.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 12,897 shares of the company’s stock after purchasing an additional 10,765 shares during the quarter. Gables Capital Management Inc.’s holdings in Vanguard Growth ETF were worth $1,111,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Turning Point Benefit Group Inc. acquired a new position in shares of Vanguard Growth ETF during the third quarter worth approximately $26,000. Strategic Wealth Advisors LLC bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $35,000. Garner Asset Management Corp bought a new position in shares of Vanguard Growth ETF during the fourth quarter worth $41,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter worth about $41,000. Finally, Lifetime Wealth Management P.C. acquired a new position in shares of Vanguard Growth ETF in the fourth quarter valued at approximately $44,000.

Vanguard Growth ETF Price Performance

VUG opened at $87.93 on Thursday. The company has a market capitalization of $227.46 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The business’s 50-day moving average price is $86.28 and its two-hundred day moving average price is $82.38. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year 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.