Vanguard Growth ETF (NYSEARCA:VUG) Sees Large Volume Increase – Here’s Why

Vanguard Growth ETF (NYSEARCA:VUG) saw strong trading volume on Thursday . 1,058,372 shares changed hands during mid-day trading, an increase of 6% from the previous session’s volume of 996,844 shares.The stock last traded at $390.33 and had previously closed at $388.06.

Vanguard Growth ETF Price Performance

The company has a market capitalization of $135.24 billion, a P/E ratio of 39.58 and a beta of 1.26. The firm has a fifty day moving average price of $378.97 and a 200-day moving average price of $365.20.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of VUG. S.A. Mason LLC grew its position in Vanguard Growth ETF by 1.4% during the second quarter. S.A. Mason LLC now owns 1,928 shares of the company’s stock valued at $721,000 after buying an additional 27 shares during the period. Brave Asset Management Inc. boosted its stake in Vanguard Growth ETF by 4.4% in the second quarter. Brave Asset Management Inc. now owns 645 shares of the company’s stock valued at $241,000 after acquiring an additional 27 shares during the last quarter. IFG Advisors LLC grew its position in shares of Vanguard Growth ETF by 1.3% during the 3rd quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock valued at $795,000 after acquiring an additional 27 shares during the period. Eastover Investment Advisors LLC increased its stake in shares of Vanguard Growth ETF by 4.6% during the 3rd quarter. Eastover Investment Advisors LLC now owns 641 shares of the company’s stock worth $246,000 after purchasing an additional 28 shares during the last quarter. Finally, Quad Cities Investment Group LLC raised its holdings in shares of Vanguard Growth ETF by 3.0% in the 3rd quarter. Quad Cities Investment Group LLC now owns 1,035 shares of the company’s stock worth $397,000 after purchasing an additional 30 shares during the period.

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.