Towneley Capital Management Inc DE Increases Stock Position in Vanguard Growth ETF $VUG

Towneley Capital Management Inc DE raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 499.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 7,167 shares of the company’s stock after purchasing an additional 5,972 shares during the period. Vanguard Growth ETF makes up 0.1% of Towneley Capital Management Inc DE’s portfolio, making the stock its 21st biggest position. Towneley Capital Management Inc DE’s holdings in Vanguard Growth ETF were worth $617,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of VUG. Clark Wealth Partners raised its position in shares of Vanguard Growth ETF by 500.0% during the 2nd quarter. Clark Wealth Partners now owns 306 shares of the company’s stock valued at $26,000 after buying an additional 255 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in shares of Vanguard Growth ETF during the 3rd quarter worth $26,000. Kentucky Trust Co lifted its holdings in shares of Vanguard Growth ETF by 500.0% during the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock worth $29,000 after acquiring an additional 280 shares during the last quarter. Byrne Asset Management LLC grew its position in Vanguard Growth ETF by 500.0% in the second quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock worth $32,000 after acquiring an additional 310 shares in the last quarter. Finally, Strategic Wealth Advisors LLC purchased a new position in Vanguard Growth ETF in the fourth quarter worth $35,000.

Vanguard Growth ETF Price Performance

VUG opened at $89.34 on Monday. The business’s fifty day simple moving average is $86.09 and its 200 day simple moving average is $82.23. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The stock has a market cap of $231.11 billion, a PE ratio of 36.22 and a beta of 1.22.

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.