Bridgewealth Advisory Group LLC Purchases 56 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Bridgewealth Advisory Group LLC lifted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,626 shares of the company’s stock after acquiring an additional 56 shares during the period. Bridgewealth Advisory Group LLC’s holdings in Vanguard Growth ETF were worth $982,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Holderness Investments Co. increased its holdings in shares of Vanguard Growth ETF by 13.9% in the 2nd quarter. Holderness Investments Co. now owns 1,849 shares of the company’s stock worth $692,000 after purchasing an additional 226 shares in the last quarter. Lavaca Capital LLC bought a new position in shares of Vanguard Growth ETF during the second quarter valued at $968,000. Merriman Wealth Management LLC boosted its position in shares of Vanguard Growth ETF by 25.0% during the second quarter. Merriman Wealth Management LLC now owns 1,011 shares of the company’s stock valued at $379,000 after buying an additional 202 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its holdings in Vanguard Growth ETF by 8.6% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,130 shares of the company’s stock worth $1,170,000 after buying an additional 248 shares in the last quarter. Finally, Ranch Capital Advisors Inc. purchased a new position in Vanguard Growth ETF in the 2nd quarter worth about $440,000.

Vanguard Growth ETF Stock Performance

VUG opened at $380.89 on Friday. The company’s 50-day simple moving average is $368.23 and its two-hundred day simple moving average is $358.04. Vanguard Growth ETF has a 52-week low of $260.65 and a 52-week high of $392.14. The stock has a market capitalization of $131.21 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.