Value Investment Professionals LLC Buys 7,215 Shares of Vanguard Growth ETF $VUG

Value Investment Professionals LLC boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 500.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,658 shares of the company’s stock after purchasing an additional 7,215 shares during the period. Value Investment Professionals LLC’s holdings in Vanguard Growth ETF were worth $746,000 at the end of the most recent quarter.

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

Vanguard Growth ETF Stock Up 2.3%

Shares of VUG stock opened at $89.09 on Wednesday. The firm has a market capitalization of $230.46 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60. The stock’s fifty day simple moving average is $86.06 and its 200 day simple moving average is $81.74.

Vanguard Growth ETF Company 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.