Vanguard Growth ETF (NYSEARCA:VUG) Hits New 52-Week High – Here’s What Happened

Vanguard Growth ETF (NYSEARCA:VUG) shares hit a new 52-week high on Friday . The company traded as high as $84.26 and last traded at $84.06, with a volume of 1942683 shares trading hands. The stock had previously closed at $83.17.

Vanguard Growth ETF Trading Up 0.8%

The business’s 50 day moving average price is $77.17 and its two-hundred day moving average price is $79.46. The stock has a market cap of $35.63 billion, a P/E ratio of 36.22 and a beta of 1.22.

Institutional Investors Weigh In On Vanguard Growth ETF

Several hedge funds have recently bought and sold shares of VUG. Valpey Financial Services LLC boosted its stake in Vanguard Growth ETF by 46,787.8% during the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after acquiring an additional 8,151,373 shares in the last quarter. EP Wealth Advisors LLC bought a new stake in Vanguard Growth ETF during the fourth quarter worth about $1,690,059,000. Vantagepoint Investment Advisers LLC boosted its stake in Vanguard Growth ETF by 12,542.9% during the third quarter. Vantagepoint Investment Advisers LLC now owns 1,074,650 shares of the company’s stock worth $515,413,000 after acquiring an additional 1,066,150 shares in the last quarter. Align Financial LLC bought a new stake in Vanguard Growth ETF during the fourth quarter worth about $428,175,000. Finally, Bank of America Corp DE boosted its stake in Vanguard Growth ETF by 1.7% during the fourth quarter. Bank of America Corp DE now owns 47,877,294 shares of the company’s stock worth $23,357,417,000 after acquiring an additional 789,696 shares in the last quarter.

About Vanguard Growth ETF

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.