Modera Wealth Management LLC Has $542.26 Million Stock Holdings in Vanguard Growth ETF $VUG

Modera Wealth Management LLC increased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 3.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,241,457 shares of the company’s stock after buying an additional 44,669 shares during the quarter. Vanguard Growth ETF makes up 6.5% of Modera Wealth Management LLC’s investment portfolio, making the stock its largest holding. Modera Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $542,256,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Turning Point Benefit Group Inc. acquired a new position in Vanguard Growth ETF during the 3rd quarter worth $26,000. DecisionPoint Financial LLC grew its position in shares of Vanguard Growth ETF by 116.0% in the fourth quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock valued at $26,000 after purchasing an additional 29 shares during the last quarter. Byrne Asset Management LLC grew its position in shares of Vanguard Growth ETF by 520.0% in the fourth quarter. Byrne Asset Management LLC now owns 62 shares of the company’s stock valued at $30,000 after purchasing an additional 52 shares during the last quarter. Team Financial Group LLC increased its stake in shares of Vanguard Growth ETF by 366.7% in the fourth quarter. Team Financial Group LLC now owns 70 shares of the company’s stock worth $34,000 after purchasing an additional 55 shares during the period. Finally, Strategic Wealth Advisors LLC bought a new position in shares of Vanguard Growth ETF in the fourth quarter worth about $35,000.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $85.27 on Friday. The stock has a 50-day simple moving average of $86.66 and a 200 day simple moving average of $81.46. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60. The stock has a market capitalization of $220.58 billion, a PE ratio of 36.22 and a beta of 1.22.

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. 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.