Monumental Financial Group Inc. Increases Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Monumental Financial Group Inc. boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 77.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,440 shares of the company’s stock after acquiring an additional 627 shares during the period. Monumental Financial Group Inc.’s holdings in Vanguard Growth ETF were worth $448,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Financiere des Professionnels Fonds d investissement inc. bought a new stake in shares of Vanguard Growth ETF during the third quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Growth ETF during the fourth quarter valued at $27,000. ARK Investment Management LLC boosted its holdings in shares of Vanguard Growth ETF by 73.2% during the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after buying an additional 41 shares in the last quarter. Arvest Investments Inc. purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter worth about $30,000. Finally, Orion Capital Management LLC bought a new position in shares of Vanguard Growth ETF in the 3rd quarter worth about $35,000.

Vanguard Growth ETF Stock Performance

Shares of VUG traded up $5.99 during mid-day trading on Friday, reaching $335.18. The company had a trading volume of 1,437,363 shares, compared to its average volume of 1,058,254. The company has a market capitalization of $115.47 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. The firm has a 50-day moving average price of $338.87 and a 200 day moving average price of $315.49. Vanguard Growth ETF has a 52 week low of $246.26 and a 52 week high of $348.88.

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.