Vanguard Growth ETF $VUG Stake Boosted by Formulate Financial LLC

Formulate Financial LLC boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 500.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 15,774 shares of the company’s stock after purchasing an additional 13,145 shares during the quarter. Vanguard Growth ETF accounts for about 1.4% of Formulate Financial LLC’s holdings, making the stock its 10th biggest position. Formulate Financial LLC’s holdings in Vanguard Growth ETF were worth $1,359,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Clark Wealth Partners increased its position in shares of Vanguard Growth ETF by 500.0% in the second quarter. Clark Wealth Partners now owns 306 shares of the company’s stock worth $26,000 after acquiring an additional 255 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new stake in shares of Vanguard Growth ETF during the third quarter valued at approximately $26,000. Kentucky Trust Co raised its holdings in shares of Vanguard Growth ETF by 500.0% during the second quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after acquiring an additional 280 shares during the period. Byrne Asset Management LLC lifted its position in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after acquiring an additional 310 shares in the last quarter. Finally, Strategic Wealth Advisors LLC purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $35,000.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock opened at $88.87 on Tuesday. The company has a 50 day moving average price of $86.14 and a 200 day moving average price of $82.29. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The firm has a market capitalization of $229.89 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

Vanguard Growth ETF 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.