Vanguard Growth ETF $VUG Shares Acquired by Stablepoint Partners LLC

Stablepoint Partners LLC boosted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 9.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,708 shares of the company’s stock after purchasing an additional 225 shares during the period. Stablepoint Partners LLC’s holdings in Vanguard Growth ETF were worth $1,187,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC raised its stake in shares of Vanguard Growth ETF by 45,810.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock worth $4,026,998,000 after buying an additional 9,165,663 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Vanguard Growth ETF by 12.9% during the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after acquiring an additional 3,694,339 shares in the last quarter. Wealthspire Advisors LLC raised its position in Vanguard Growth ETF by 101.4% during the first quarter. Wealthspire Advisors LLC now owns 919,556 shares of the company’s stock worth $340,990,000 after acquiring an additional 463,025 shares during the last quarter. Merit Financial Group LLC lifted its holdings in shares of Vanguard Growth ETF by 73.9% in the second quarter. Merit Financial Group LLC now owns 817,453 shares of the company’s stock valued at $358,372,000 after purchasing an additional 347,412 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Growth ETF by 9.3% in the first quarter. Ameriprise Financial Inc. now owns 3,869,868 shares of the company’s stock valued at $1,432,436,000 after purchasing an additional 330,550 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG stock opened at $490.84 on Friday. The company’s 50 day simple moving average is $484.48 and its 200-day simple moving average is $457.10. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $505.38. The firm has a market capitalization of $199.24 billion, a PE ratio of 36.22 and a beta of 1.17.

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.