Ranch Capital Advisors Inc. Purchases New Shares in Vanguard Growth ETF (NYSEARCA:VUG)

Ranch Capital Advisors Inc. acquired a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,176 shares of the company’s stock, valued at approximately $440,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Keener Financial Planning LLC purchased a new position in shares of Vanguard Growth ETF in the 1st quarter valued at approximately $29,000. New Millennium Group LLC bought a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at $31,000. Livelsberger Financial Advisory purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter worth about $33,000. CarsonAllaria Wealth Management Ltd. purchased a new position in Vanguard Growth ETF during the 2nd quarter valued at about $34,000. Finally, Stuart Chaussee & Associates Inc. bought a new stake in Vanguard Growth ETF during the first quarter worth about $40,000.

Vanguard Growth ETF Stock Performance

VUG stock opened at $382.01 on Friday. The firm has a market capitalization of $131.60 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The firm has a 50 day moving average price of $368.32 and a 200-day moving average price of $357.62. Vanguard Growth ETF has a 52-week low of $260.65 and a 52-week high of $392.14.

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.