Vanguard Growth ETF (NYSEARCA:VUG) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Growth ETF (NYSEARCA:VUG) shares saw an uptick in trading volume on Friday . 1,310,245 shares were traded during trading, an increase of 15% from the previous session’s volume of 1,141,251 shares.The stock last traded at $376.00 and had previously closed at $378.14.

Vanguard Growth ETF Stock Performance

The firm’s 50 day simple moving average is $406.98 and its 200-day simple moving average is $401.35. The company has a market capitalization of $376.96 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14.

Institutional Trading of Vanguard Growth ETF

Several large investors have recently added to or reduced their stakes in VUG. Strategic Financial Concepts LLC grew its holdings in shares of Vanguard Growth ETF by 34,615.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after acquiring an additional 5,471,634 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Vanguard Growth ETF by 23.5% in the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock worth $11,729,457,000 after acquiring an additional 5,429,720 shares during the last quarter. Raymond James Financial Inc. bought a new position in Vanguard Growth ETF during the fourth quarter worth $970,862,000. Caisse DE Depot ET Placement DU Quebec bought a new position in Vanguard Growth ETF during the fourth quarter worth $458,461,000. Finally, Lincoln National Corp bought a new position in Vanguard Growth ETF during the fourth quarter worth $293,111,000.

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.