Asset Dedication LLC Grows Position in Vanguard Growth ETF (NYSEARCA:VUG)

Asset Dedication LLC raised its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.1% during the 2nd quarter, Holdings Channel reports. The fund owned 4,721 shares of the company’s stock after purchasing an additional 229 shares during the period. Asset Dedication LLC’s holdings in Vanguard Growth ETF were worth $1,766,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VUG. Chris Bulman Inc bought a new stake in Vanguard Growth ETF in the second quarter worth $5,079,000. Strategic Financial Concepts LLC increased its holdings in shares of Vanguard Growth ETF by 40,514.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock worth $2,072,878,000 after buying an additional 5,528,660 shares during the last quarter. Greystone Financial Group LLC increased its holdings in shares of Vanguard Growth ETF by 2.0% in the 2nd quarter. Greystone Financial Group LLC now owns 12,318 shares of the company’s stock worth $4,607,000 after buying an additional 243 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in shares of Vanguard Growth ETF by 4.6% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 578,217 shares of the company’s stock valued at $216,259,000 after buying an additional 25,205 shares in the last quarter. Finally, Gentry Private Wealth LLC bought a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at about $9,933,000.

Vanguard Growth ETF Trading Down 2.0 %

VUG opened at $356.23 on Friday. Vanguard Growth ETF has a 12 month low of $260.65 and a 12 month high of $392.14. The stock has a 50-day moving average of $370.58 and a 200 day moving average of $355.62. The firm has a market cap of $122.72 billion, a P/E 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.