Elevation Point Wealth Partners LLC Boosts Stake in Vanguard Growth ETF $VUG

Elevation Point Wealth Partners LLC increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 788.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,117 shares of the company’s stock after buying an additional 57,789 shares during the period. Vanguard Growth ETF accounts for about 0.7% of Elevation Point Wealth Partners LLC’s investment portfolio, making the stock its 26th biggest position. Elevation Point Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $28,442,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VUG. Bank of America Corp DE increased its stake in Vanguard Growth ETF by 1.7% in the 4th quarter. Bank of America Corp DE now owns 47,877,294 shares of the company’s stock worth $23,357,417,000 after acquiring an additional 789,696 shares during the last quarter. Valpey Financial Services LLC boosted its position in shares of Vanguard Growth ETF by 46,787.8% during 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 acquiring an additional 8,151,373 shares during the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Growth ETF by 0.4% during the 4th quarter. LPL Financial LLC now owns 5,490,898 shares of the company’s stock valued at $2,678,790,000 after acquiring an additional 24,146 shares during the last quarter. TIAA Trust National Association grew its holdings in shares of Vanguard Growth ETF by 2.6% in the fourth quarter. TIAA Trust National Association now owns 3,601,607 shares of the company’s stock valued at $1,757,086,000 after purchasing an additional 89,760 shares in the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in shares of Vanguard Growth ETF in the fourth quarter valued at $1,690,059,000.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $85.50 on Friday. The company’s fifty day moving average is $86.10 and its 200 day moving average is $81.07. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60. The stock has a market capitalization of $221.33 billion, a PE ratio of 36.22 and a beta of 1.22.

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. 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.