Hoey Investments Inc. Makes New Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Hoey Investments Inc. purchased a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 177 shares of the company’s stock, valued at approximately $66,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of VUG. Tallon Kerry Patrick acquired a new position in Vanguard Growth ETF in the 4th quarter valued at $243,000. Capital & Planning LLC boosted its position in shares of Vanguard Growth ETF by 8.0% during the 4th quarter. Capital & Planning LLC now owns 16,487 shares of the company’s stock valued at $6,767,000 after acquiring an additional 1,223 shares in the last quarter. Ironwood Wealth Management LLC. boosted its position in shares of Vanguard Growth ETF by 6.1% during the 4th quarter. Ironwood Wealth Management LLC. now owns 1,422 shares of the company’s stock valued at $583,000 after acquiring an additional 82 shares in the last quarter. LaFleur & Godfrey LLC lifted its holdings in Vanguard Growth ETF by 5.2% during the 4th quarter. LaFleur & Godfrey LLC now owns 3,733 shares of the company’s stock valued at $1,532,000 after purchasing an additional 183 shares during the last quarter. Finally, Brighton Jones LLC lifted its holdings in Vanguard Growth ETF by 5.4% during the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after purchasing an additional 870 shares during the last quarter.

Vanguard Growth ETF Stock Down 1.4%

Shares of VUG stock opened at $418.33 on Friday. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $429.11. The company has a market capitalization of $414.59 billion, a P/E ratio of 36.72 and a beta of 1.18. The firm has a 50-day moving average price of $391.36 and a 200 day moving average price of $400.57.

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.