Vanguard Growth ETF (NYSEARCA:VUG) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Vanguard Growth ETF (NYSEARCA:VUG)’s share price crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $84.04 and traded as low as $81.27. Vanguard Growth ETF shares last traded at $81.43, with a volume of 13,624,477 shares traded.

Vanguard Growth ETF Trading Down 5.5%

The company has a market capitalization of $210.52 billion, a PE ratio of 36.22 and a beta of 1.23. The firm has a 50 day simple moving average of $88.79 and a two-hundred day simple moving average of $84.04.

Institutional Investors Weigh In On Vanguard Growth ETF

Hedge funds have recently modified their holdings of the stock. Field & Main Bank purchased a new position in Vanguard Growth ETF during the second quarter worth about $39,000. Evelyn Partners Asset Management Ltd boosted its holdings in Vanguard Growth ETF by 460.0% in the 1st quarter. Evelyn Partners Asset Management Ltd now owns 140 shares of the company’s stock valued at $61,000 after purchasing an additional 115 shares in the last quarter. Front Row Advisors LLC boosted its holdings in Vanguard Growth ETF by 941.2% in the 1st quarter. Front Row Advisors LLC now owns 177 shares of the company’s stock valued at $77,000 after purchasing an additional 160 shares in the last quarter. Clark Wealth Partners boosted its holdings in Vanguard Growth ETF by 500.0% in the 2nd quarter. Clark Wealth Partners now owns 306 shares of the company’s stock valued at $26,000 after purchasing an additional 255 shares in the last quarter. Finally, Kentucky Trust Co increased its position in Vanguard Growth ETF by 500.0% during the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock worth $29,000 after purchasing an additional 280 shares during the period.

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.