Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) Sets New 12-Month High – Here’s Why

Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) reached a new 52-week high during trading on Friday. The stock traded as high as $86.85 and last traded at $86.7780, with a volume of 236206 shares. The stock had previously closed at $85.69.

Vanguard S&P 500 Growth ETF Price Performance

The company has a market capitalization of $27.98 billion, a price-to-earnings ratio of 31.89 and a beta of 1.17. The stock has a 50 day simple moving average of $83.85 and a two-hundred day simple moving average of $80.35.

Hedge Funds Weigh In On Vanguard S&P 500 Growth ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Lowe Brockenbrough & Co. Inc. raised its holdings in Vanguard S&P 500 Growth ETF by 200.0% during the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 90 shares of the company’s stock worth $40,000 after purchasing an additional 60 shares in the last quarter. Roble Belko & Company Inc grew its position in shares of Vanguard S&P 500 Growth ETF by 415.0% in the 1st quarter. Roble Belko & Company Inc now owns 103 shares of the company’s stock valued at $42,000 after buying an additional 83 shares during the last quarter. Union Savings Bank acquired a new stake in Vanguard S&P 500 Growth ETF during the 4th quarter worth $84,000. 1 North Wealth Services LLC boosted its stake in Vanguard S&P 500 Growth ETF by 132.6% in the fourth quarter. 1 North Wealth Services LLC now owns 221 shares of the company’s stock valued at $98,000 after acquiring an additional 126 shares in the last quarter. Finally, West Branch Capital LLC boosted its stake in Vanguard S&P 500 Growth ETF by 502.0% in the second quarter. West Branch Capital LLC now owns 307 shares of the company’s stock valued at $25,000 after acquiring an additional 256 shares in the last quarter.

About Vanguard S&P 500 Growth ETF

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.