Silicon Valley Capital Partners Raises Holdings in Vanguard Growth ETF $VUG

Silicon Valley Capital Partners raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 505.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 241,290 shares of the company’s stock after purchasing an additional 201,465 shares during the period. Vanguard Growth ETF comprises 1.9% of Silicon Valley Capital Partners’ investment portfolio, making the stock its 15th biggest position. Silicon Valley Capital Partners’ holdings in Vanguard Growth ETF were worth $20,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bonfire Financial lifted its position in Vanguard Growth ETF by 494.4% in the second quarter. Bonfire Financial now owns 102,807 shares of the company’s stock valued at $8,856,000 after acquiring an additional 85,512 shares during the last quarter. Canandaigua National Bank & Trust Co. purchased a new position in shares of Vanguard Growth ETF during the second quarter worth about $1,635,000. Abound Wealth Management increased its position in shares of Vanguard Growth ETF by 602.7% during the second quarter. Abound Wealth Management now owns 10,456 shares of the company’s stock worth $901,000 after purchasing an additional 8,968 shares in the last quarter. Calder Financial LLC increased its position in shares of Vanguard Growth ETF by 502.0% during the second quarter. Calder Financial LLC now owns 55,893 shares of the company’s stock worth $4,815,000 after purchasing an additional 46,609 shares in the last quarter. Finally, Community Bank N.A. lifted its holdings in shares of Vanguard Growth ETF by 493.8% in the 2nd quarter. Community Bank N.A. now owns 7,868 shares of the company’s stock valued at $678,000 after purchasing an additional 6,543 shares during the last quarter.

Vanguard Growth ETF Trading Up 2.6%

Shares of NYSEARCA VUG traded up $2.27 during trading hours on Monday, reaching $91.02. The stock had a trading volume of 6,710,895 shares, compared to its average volume of 8,473,079. The firm has a market cap of $235.45 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $91.20. The firm has a 50-day moving average of $87.23 and a 200-day moving average of $83.96.

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.