Redhawk Wealth Advisors Inc. Increases Stake in Vanguard Growth ETF $VUG

Redhawk Wealth Advisors Inc. boosted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 647.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 8,014 shares of the company’s stock after acquiring an additional 6,942 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Vanguard Growth ETF were worth $690,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Turning Point Benefit Group Inc. purchased a new position in shares of Vanguard Growth ETF in the third quarter worth about $26,000. Byrne Asset Management LLC lifted its stake in shares of Vanguard Growth ETF by 500.0% during the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after buying an additional 310 shares in the last quarter. Strategic Wealth Advisors LLC bought a new position in Vanguard Growth ETF in the 4th quarter worth approximately $35,000. Garner Asset Management Corp bought a new position in Vanguard Growth ETF in the 4th quarter worth approximately $41,000. Finally, Murphy & Mullick Capital Management Corp purchased a new position in Vanguard Growth ETF in the 4th quarter valued at approximately $41,000.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $88.59 on Wednesday. The company’s fifty day simple moving average is $86.01 and its two-hundred day simple moving average is $82.05. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The stock has a market capitalization of $229.17 billion, a price-to-earnings 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.