Tandem Capital Management Corp ADV Raises Stock Holdings in Vanguard Growth ETF $VUG

Tandem Capital Management Corp ADV increased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 498.9% in the second quarter, HoldingsChannel reports. The firm owned 25,098 shares of the company’s stock after acquiring an additional 20,907 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in Vanguard Growth ETF were worth $2,162,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Turning Point Benefit Group Inc. purchased a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at $26,000. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard Growth ETF during the fourth quarter worth $35,000. Garner Asset Management Corp purchased a new position in shares of Vanguard Growth ETF during the fourth quarter worth $41,000. Murphy & Mullick Capital Management Corp acquired a new position in Vanguard Growth ETF during the fourth quarter valued at $41,000. Finally, Lifetime Wealth Management P.C. acquired a new position in Vanguard Growth ETF during the fourth quarter valued at $44,000.

Vanguard Growth ETF Stock Down 0.4%

Shares of VUG opened at $88.54 on Friday. The company has a market capitalization of $229.04 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The stock’s 50-day moving average price is $86.47 and its 200-day moving average price is $82.79.

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.