Diversify Wealth Management LLC Has $23.02 Million Holdings in Vanguard Growth ETF $VUG

Diversify Wealth Management LLC increased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 1,672.4% in the first quarter, HoldingsChannel reports. The firm owned 52,710 shares of the company’s stock after purchasing an additional 49,736 shares during the period. Diversify Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $23,023,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Valmark Advisers Inc. increased its position in Vanguard Growth ETF by 7.4% during the first quarter. Valmark Advisers Inc. now owns 13,829 shares of the company’s stock worth $6,040,000 after buying an additional 953 shares during the last quarter. Luminvest Wealth Management LLC lifted its position in shares of Vanguard Growth ETF by 34.8% in the first quarter. Luminvest Wealth Management LLC now owns 3,608 shares of the company’s stock worth $1,576,000 after buying an additional 931 shares during the last quarter. Ferguson Wellman Capital Management Inc. lifted its position in shares of Vanguard Growth ETF by 5.9% in the first quarter. Ferguson Wellman Capital Management Inc. now owns 4,310 shares of the company’s stock worth $1,883,000 after buying an additional 241 shares during the last quarter. Capital Squared Financial LLC boosted its stake in shares of Vanguard Growth ETF by 2.5% during the 1st quarter. Capital Squared Financial LLC now owns 8,043 shares of the company’s stock worth $3,513,000 after acquiring an additional 199 shares in the last quarter. Finally, Citizens Financial Group Inc. RI boosted its stake in shares of Vanguard Growth ETF by 14.4% during the 1st quarter. Citizens Financial Group Inc. RI now owns 43,015 shares of the company’s stock worth $18,788,000 after acquiring an additional 5,426 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG traded up $0.42 during mid-day trading on Friday, reaching $87.40. 9,678,977 shares of the company traded hands, compared to its average volume of 9,428,997. The company’s fifty day moving average is $86.53 and its two-hundred day moving average is $81.32. 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 cap of $226.09 billion, a PE ratio of 36.22 and a beta of 1.22.

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. 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.