RMG Wealth Management LLC Purchases 62,338 Shares of Vanguard Growth ETF $VUG

RMG Wealth Management LLC grew its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8,334.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,086 shares of the company’s stock after buying an additional 62,338 shares during the quarter. Vanguard Growth ETF makes up about 3.3% of RMG Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position. RMG Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $27,555,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VUG. Enclave Advisors LLC raised its holdings in shares of Vanguard Growth ETF by 6.6% during the fourth quarter. Enclave Advisors LLC now owns 39,547 shares of the company’s stock valued at $19,293,000 after buying an additional 2,462 shares during the last quarter. Cypress Financial Planning LLC grew its holdings in Vanguard Growth ETF by 50.3% in the 4th quarter. Cypress Financial Planning LLC now owns 3,717 shares of the company’s stock worth $1,823,000 after buying an additional 1,244 shares in the last quarter. McClarren Financial Advisors Inc. acquired a new stake in Vanguard Growth ETF in the 4th quarter valued at approximately $647,000. Dominguez Wealth Management Solutions Inc. raised its stake in Vanguard Growth ETF by 3.2% during the 4th quarter. Dominguez Wealth Management Solutions Inc. now owns 53,989 shares of the company’s stock valued at $26,339,000 after acquiring an additional 1,670 shares in the last quarter. Finally, Nova R Wealth Inc. acquired a new position in Vanguard Growth ETF during the 4th quarter worth $769,000.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $83.78 on Friday. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The stock has a market cap of $216.72 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The business has a fifty day moving average of $86.49 and a 200-day moving average of $81.57.

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.