Vanguard Growth ETF (NYSEARCA:VUG) Shares Acquired by McAlister Sweet & Associates Inc.

McAlister Sweet & Associates Inc. raised its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 26.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,051 shares of the company’s stock after buying an additional 9,034 shares during the period. Vanguard Growth ETF makes up approximately 11.6% of McAlister Sweet & Associates Inc.’s portfolio, making the stock its 2nd largest position. McAlister Sweet & Associates Inc.’s holdings in Vanguard Growth ETF were worth $14,818,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $27,000. ARK Investment Management LLC increased its stake in Vanguard Growth ETF by 73.2% during the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock worth $30,000 after buying an additional 41 shares during the period. Arvest Investments Inc. acquired a new position in Vanguard Growth ETF during the 4th quarter worth $30,000. Livelsberger Financial Advisory acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at about $33,000. Finally, Orion Capital Management LLC acquired a new position in shares of Vanguard Growth ETF in the 3rd quarter valued at about $35,000.

Vanguard Growth ETF Stock Performance

Shares of VUG stock traded up $0.70 during midday trading on Tuesday, reaching $376.25. 1,118,236 shares of the company were exchanged, compared to its average volume of 1,003,522. The company’s 50 day moving average price is $346.99 and its two-hundred day moving average price is $332.80. Vanguard Growth ETF has a 12 month low of $260.65 and a 12 month high of $377.30. The company has a market cap of $129.61 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.