Sunburst Financial Group LLC Grows Holdings in Vanguard Growth ETF $VUG

Sunburst Financial Group LLC lifted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 500.0% in the second quarter, Holdings Channel reports. The institutional investor owned 26,492 shares of the company’s stock after buying an additional 22,077 shares during the quarter. Sunburst Financial Group LLC’s holdings in Vanguard Growth ETF were worth $2,282,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VUG. Clark Wealth Partners boosted its stake in 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 acquiring an additional 255 shares during the last quarter. Turning Point Benefit Group Inc. bought a new stake in shares of Vanguard Growth ETF in the 3rd quarter worth about $26,000. Kentucky Trust Co increased its position in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock worth $29,000 after purchasing an additional 280 shares during the last quarter. Byrne Asset Management LLC raised its stake in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after purchasing an additional 310 shares in the last quarter. Finally, Strategic Wealth Advisors LLC acquired a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $35,000.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $87.37 on Wednesday. The stock has a market capitalization of $226.01 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a one year low of $69.63 and a one year high of $90.60. The company’s 50-day simple moving average is $86.58 and its 200-day simple moving average is $82.96.

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.