Vanguard Growth ETF (NYSEARCA:VUG) Trading 1.6% Higher – What’s Next?

Vanguard Growth ETF (NYSEARCA:VUG) was up 1.6% during mid-day trading on Thursday . The stock traded as high as $87.22 and last traded at $86.98. 5,464,878 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 9,535,996 shares. The stock had previously closed at $85.61.

Vanguard Growth ETF Stock Performance

The firm has a fifty day moving average price of $85.23 and a 200 day moving average price of $80.90. The stock has a market cap of $36.95 billion, a PE ratio of 36.22 and a beta of 1.22.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in Vanguard Growth ETF by 14.1% during the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock valued at $23,870,057,000 after acquiring an additional 6,771,524 shares during the period. Valpey Financial Services LLC boosted its holdings in shares of Vanguard Growth ETF by 46,787.8% in the 4th quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock valued at $3,985,228,000 after acquiring an additional 8,151,373 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Growth ETF by 0.4% during the fourth quarter. LPL Financial LLC now owns 5,490,898 shares of the company’s stock worth $2,678,790,000 after purchasing an additional 24,146 shares during the last quarter. TIAA Trust National Association increased its stake in Vanguard Growth ETF by 2.6% during the 4th quarter. TIAA Trust National Association now owns 3,601,607 shares of the company’s stock worth $1,757,086,000 after buying an additional 89,760 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $1,690,059,000.

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.