Park Place Capital Corp Raises Stock Position in Vanguard Growth ETF $VUG

Park Place Capital Corp raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 499.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 24,375 shares of the company’s stock after buying an additional 20,312 shares during the period. Park Place Capital Corp’s holdings in Vanguard Growth ETF were worth $2,100,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Turning Point Benefit Group Inc. purchased a new stake in Vanguard Growth ETF during the third quarter valued at $26,000. Strategic Wealth Advisors LLC bought a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at about $35,000. Garner Asset Management Corp bought a new position in shares of Vanguard Growth ETF in the 4th quarter worth approximately $41,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of Vanguard Growth ETF in the fourth quarter worth approximately $41,000. Finally, Lifetime Wealth Management P.C. bought a new stake in Vanguard Growth ETF during the fourth quarter valued at approximately $44,000.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $86.93 on Tuesday. Vanguard Growth ETF has a one year low of $69.63 and a one year high of $90.60. The business has a fifty day moving average price of $86.35 and a 200-day moving average price of $82.53. The firm has a market capitalization of $224.87 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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.