Tandem Financial LLC Grows Holdings in Vanguard Growth ETF $VUG

Tandem Financial LLC lifted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 486.1% in the second quarter, Holdings Channel reports. The institutional investor owned 15,630 shares of the company’s stock after buying an additional 12,963 shares during the quarter. Tandem Financial LLC’s holdings in Vanguard Growth ETF were worth $1,346,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in VUG. EP Wealth Advisors LLC increased its position in shares of Vanguard Growth ETF by 539.0% in the 2nd quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock worth $2,009,661,000 after purchasing an additional 19,678,907 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Growth ETF by 513.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,888,180 shares of the company’s stock valued at $937,908,000 after buying an additional 9,112,231 shares in the last quarter. Valpey Financial Services LLC lifted its holdings in Vanguard Growth ETF by 46,787.8% during the 4th quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after buying an additional 8,151,373 shares during the last quarter. Bank of America Corp DE lifted its holdings in Vanguard Growth ETF by 14.1% during the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after buying an additional 6,771,524 shares during the last quarter. Finally, Lincoln National Corp grew its position in shares of Vanguard Growth ETF by 466.3% in the 2nd quarter. Lincoln National Corp now owns 4,071,643 shares of the company’s stock worth $350,731,000 after acquiring an additional 3,352,590 shares in the last quarter.

Vanguard Growth ETF Trading Down 0.7%

Shares of NYSEARCA VUG opened at $86.93 on Tuesday. The company has a market capitalization of $224.87 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60. The business has a 50 day simple moving average of $86.35 and a 200-day simple moving average of $82.53.

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. 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.