Lavaca Capital LLC Takes $968,000 Position in Vanguard Growth ETF (NYSEARCA:VUG)

Lavaca Capital LLC purchased a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,589 shares of the company’s stock, valued at approximately $968,000. Vanguard Growth ETF makes up about 0.5% of Lavaca Capital LLC’s holdings, making the stock its 28th largest position.

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

Vanguard Growth ETF Trading Down 0.3 %

Shares of NYSEARCA:VUG opened at $380.89 on Friday. The stock has a fifty day simple moving average of $368.23 and a two-hundred day simple moving average of $358.04. Vanguard Growth ETF has a 12-month low of $260.65 and a 12-month high of $392.14. The stock has a market capitalization of $131.21 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.