Rinkey Investments Boosts Stake in Vanguard Growth ETF $VUG

Rinkey Investments raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 548.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 123,408 shares of the company’s stock after buying an additional 104,383 shares during the quarter. Vanguard Growth ETF comprises about 2.4% of Rinkey Investments’ investment portfolio, making the stock its 12th biggest position. Rinkey Investments’ holdings in Vanguard Growth ETF were worth $10,630,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in Vanguard Growth ETF by 5.4% in the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after purchasing an additional 870 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of Vanguard Growth ETF during the second quarter worth about $1,859,000. Gamco Investors INC. ET AL purchased a new stake in shares of Vanguard Growth ETF during the second quarter worth about $320,000. Alliancebernstein L.P. raised its position in shares of Vanguard Growth ETF by 142.2% in the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after buying an additional 424,342 shares during the last quarter. Finally, Diversify Advisory Services LLC raised its position in shares of Vanguard Growth ETF by 3.3% in the second quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock valued at $2,279,000 after buying an additional 158 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $88.24 on Tuesday. The company has a market capitalization of $228.26 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The company’s 50 day simple moving average is $86.51 and its 200 day simple moving average is $82.89. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60.

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.