Duncan Williams Asset Management LLC Increases Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Duncan Williams Asset Management LLC increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 14.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,472 shares of the company’s stock after purchasing an additional 10,877 shares during the period. Vanguard Growth ETF makes up approximately 18.1% of Duncan Williams Asset Management LLC’s holdings, making the stock its biggest position. Duncan Williams Asset Management LLC’s holdings in Vanguard Growth ETF were worth $32,815,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. S.A. Mason LLC lifted its stake in Vanguard Growth ETF by 1.4% during the 2nd quarter. S.A. Mason LLC now owns 1,928 shares of the company’s stock valued at $721,000 after acquiring an additional 27 shares during the period. Brave Asset Management Inc. lifted its stake in Vanguard Growth ETF by 4.4% during the 2nd quarter. Brave Asset Management Inc. now owns 645 shares of the company’s stock valued at $241,000 after acquiring an additional 27 shares during the period. Sunbelt Securities Inc. lifted its stake in Vanguard Growth ETF by 0.6% during the 1st quarter. Sunbelt Securities Inc. now owns 5,323 shares of the company’s stock valued at $1,832,000 after acquiring an additional 31 shares during the period. Portside Wealth Group LLC lifted its stake in Vanguard Growth ETF by 3.5% during the 2nd quarter. Portside Wealth Group LLC now owns 925 shares of the company’s stock valued at $346,000 after acquiring an additional 31 shares during the period. Finally, Iron Gate Global Advisors LLC lifted its stake in Vanguard Growth ETF by 0.7% during the 1st quarter. Iron Gate Global Advisors LLC now owns 4,666 shares of the company’s stock valued at $1,605,000 after acquiring an additional 32 shares during the period.

Vanguard Growth ETF Stock Performance

VUG opened at $379.22 on Friday. 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 $130.64 billion, a P/E ratio of 39.58 and a beta of 1.26. The company’s 50-day simple moving average is $369.56 and its two-hundred day simple moving average is $360.51.

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.