Vanguard Growth ETF (NYSEARCA:VUG) Reaches New 12-Month High – Still a Buy?

by · The Markets Daily

Vanguard Growth ETF (NYSEARCA:VUG – Get Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as $90.73 and last traded at $90.6780, with a volume of 3052343 shares traded. The stock had previously closed at $88.75.

Vanguard Growth ETF Price Performance

The company has a market capitalization of $234.43 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The business’s 50 day simple moving average is $87.41 and its 200 day simple moving average is $84.16.

Institutional Trading of Vanguard Growth ETF

Hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its stake in Vanguard Growth ETF by 14.1% in the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock valued at $23,870,057,000 after buying an additional 6,771,524 shares during the period. Jones Financial Companies Lllp lifted its position in Vanguard Growth ETF by 458.6% in the second quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock valued at $18,137,223,000 after purchasing an additional 179,884,185 shares during the period. Valpey Financial Services LLC boosted its holdings in Vanguard Growth ETF by 46,787.8% in the 4th quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock valued at $3,985,228,000 after purchasing an additional 8,151,373 shares in the last quarter. LPL Financial LLC increased its position in Vanguard Growth ETF by 0.4% during the 4th quarter. LPL Financial LLC now owns 5,490,898 shares of the company’s stock worth $2,678,790,000 after purchasing an additional 24,146 shares during the period. Finally, EP Wealth Advisors LLC raised its stake in shares of Vanguard Growth ETF by 539.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock worth $2,009,661,000 after buying an additional 19,678,907 shares in the last quarter.

Vanguard Growth ETF Company Profile

(Get Free Report)

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.

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