Sagespring Wealth Partners LLC Has $2.31 Million Stock Position in Vanguard Growth ETF $VUG

Sagespring Wealth Partners LLC raised its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 22.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,275 shares of the company’s stock after buying an additional 959 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $2,312,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC purchased a new position in shares of Vanguard Growth ETF during the first quarter valued at $29,000. Allianz SE purchased a new position in Vanguard Growth ETF during the first quarter valued at approximately $29,000. Hager Investment Management Services LLC acquired a new stake in Vanguard Growth ETF in the first quarter valued at approximately $31,000. Costello Asset Management INC acquired a new stake in Vanguard Growth ETF in the first quarter valued at approximately $31,000. Finally, Legend Financial Advisors Inc. acquired a new stake in Vanguard Growth ETF in the second quarter valued at approximately $31,000.

Vanguard Growth ETF Trading Down 0.8%

Shares of Vanguard Growth ETF stock opened at $475.89 on Wednesday. The firm has a fifty day simple moving average of $468.94 and a 200-day simple moving average of $429.10. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $488.51. The stock has a market capitalization of $193.17 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11.

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.