Florida Trust Wealth Management Co Has $83.05 Million Stake in Vanguard Growth ETF $VUG

Florida Trust Wealth Management Co increased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 504.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 964,154 shares of the company’s stock after purchasing an additional 804,589 shares during the quarter. Vanguard Growth ETF makes up 2.1% of Florida Trust Wealth Management Co’s investment portfolio, making the stock its 11th largest holding. Florida Trust Wealth Management Co’s holdings in Vanguard Growth ETF were worth $83,052,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. EnRich Financial Partners LLC boosted its holdings in shares of Vanguard Growth ETF by 493.0% during the 2nd quarter. EnRich Financial Partners LLC now owns 68,670 shares of the company’s stock worth $5,915,000 after buying an additional 57,089 shares during the period. PCA Investment Advisory Services Inc. raised its holdings in Vanguard Growth ETF by 496.0% in the 2nd quarter. PCA Investment Advisory Services Inc. now owns 224,766 shares of the company’s stock worth $19,361,000 after acquiring an additional 187,052 shares during the period. Invictus Private Wealth LLC raised its holdings in Vanguard Growth ETF by 505.5% in the 2nd quarter. Invictus Private Wealth LLC now owns 2,576,840 shares of the company’s stock worth $221,969,000 after acquiring an additional 2,151,292 shares during the period. Ibex Wealth Advisors lifted its position in Vanguard Growth ETF by 1,069.3% during the 2nd quarter. Ibex Wealth Advisors now owns 34,704 shares of the company’s stock worth $2,989,000 after acquiring an additional 31,736 shares during the last quarter. Finally, Clare Market Investments LLC lifted its position in Vanguard Growth ETF by 500.4% during the 2nd quarter. Clare Market Investments LLC now owns 4,959 shares of the company’s stock worth $427,000 after acquiring an additional 4,133 shares during the last quarter.

Vanguard Growth ETF Price Performance

VUG stock opened at $89.34 on Friday. The stock has a market capitalization of $231.11 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The company has a 50-day moving average of $86.09 and a two-hundred day moving average of $82.23. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week 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.