Kendall Capital Management Grows Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Kendall Capital Management increased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 16.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,464 shares of the company’s stock after acquiring an additional 2,328 shares during the period. Vanguard Growth ETF makes up approximately 2.1% of Kendall Capital Management’s investment portfolio, making the stock its 6th biggest position. Kendall Capital Management’s holdings in Vanguard Growth ETF were worth $6,158,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VUG. Keener Financial Planning LLC bought a new stake in Vanguard Growth ETF in the first quarter worth about $29,000. New Millennium Group LLC bought a new stake in shares of Vanguard Growth ETF in the 2nd quarter worth approximately $31,000. Livelsberger Financial Advisory acquired a new stake in Vanguard Growth ETF during the fourth quarter valued at approximately $33,000. CarsonAllaria Wealth Management Ltd. bought a new stake in Vanguard Growth ETF during the second quarter worth approximately $34,000. Finally, Stuart Chaussee & Associates Inc. bought a new stake in Vanguard Growth ETF during the first quarter worth approximately $40,000.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $372.89 on Thursday. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $392.14. The business’s fifty day moving average is $368.36 and its two-hundred day moving average is $357.45. The stock has a market capitalization of $128.46 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.