Truist Financial Corp Purchases 57,277 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Truist Financial Corp raised its position in Vanguard Growth ETF (NYSEARCA:VUG) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,133,173 shares of the company’s stock after buying an additional 57,277 shares during the period. Truist Financial Corp owned 0.35% of Vanguard Growth ETF worth $352,281,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of VUG. Financiere des Professionnels Fonds d investissement inc. bought a new stake in shares of Vanguard Growth ETF during the 3rd quarter worth $27,000. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Growth ETF in the fourth quarter valued at about $27,000. ARK Investment Management LLC grew its position in shares of Vanguard Growth ETF by 73.2% during the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after acquiring an additional 41 shares during the period. Arvest Investments Inc. purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter worth approximately $30,000. Finally, Orion Capital Management LLC bought a new stake in shares of Vanguard Growth ETF in the 3rd quarter worth approximately $35,000.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG traded up $5.99 on Friday, hitting $335.18. 1,436,470 shares of the stock traded hands, compared to its average volume of 1,058,254. The business’s fifty day moving average is $338.87 and its two-hundred day moving average is $315.02. Vanguard Growth ETF has a 12 month low of $246.26 and a 12 month high of $348.88. The firm has a market capitalization of $115.47 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24.

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.