CGN Advisors LLC Raises Holdings in Vanguard Growth ETF $VUG

CGN Advisors LLC lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 511.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,234 shares of the company’s stock after buying an additional 96,390 shares during the quarter. CGN Advisors LLC’s holdings in Vanguard Growth ETF were worth $9,926,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VUG. Turning Point Benefit Group Inc. acquired a new stake in Vanguard Growth ETF in the third quarter valued at $26,000. Strategic Wealth Advisors LLC acquired a new position in shares of Vanguard Growth ETF during the 4th quarter worth $35,000. Garner Asset Management Corp acquired a new position in shares of Vanguard Growth ETF during the 4th quarter worth $41,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Vanguard Growth ETF during the 4th quarter worth $41,000. Finally, Lifetime Wealth Management P.C. purchased a new position in shares of Vanguard Growth ETF in the 4th quarter valued at about $44,000.

Vanguard Growth ETF Trading Up 2.3%

VUG stock opened at $89.09 on Wednesday. The company’s 50-day moving average price is $86.06 and its 200 day moving average price is $81.74. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The company has a market cap of $230.46 billion, a P/E 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.