Sax Wealth Advisors LLC Boosts Stake in Vanguard Growth ETF $VUG

Sax Wealth Advisors LLC raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 46.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,541 shares of the company’s stock after buying an additional 3,976 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $5,498,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VUG. Legend Financial Advisors Inc. bought a new position in Vanguard Growth ETF in the 2nd quarter worth $31,000. Allianz SE bought a new position in shares of Vanguard Growth ETF in the 1st quarter valued at about $29,000. Smallwood Wealth Investment Management LLC bought a new position in shares of Vanguard Growth ETF in the 1st quarter valued at about $29,000. Costello Asset Management INC bought a new position in shares of Vanguard Growth ETF in the 1st quarter valued at about $31,000. Finally, Hager Investment Management Services LLC purchased a new stake in Vanguard Growth ETF in the 1st quarter worth about $31,000.

Vanguard Growth ETF Price Performance

Vanguard Growth ETF stock opened at $482.11 on Wednesday. The firm has a market capitalization of $195.70 billion, a P/E ratio of 36.22 and a beta of 1.11. The company’s 50-day moving average is $466.11 and its 200 day moving average is $425.74. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $486.08.

Vanguard Growth ETF 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.