Thrive Wealth Management LLC Grows Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Thrive Wealth Management LLC boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,436 shares of the company’s stock after purchasing an additional 284 shares during the quarter. Vanguard Growth ETF makes up 2.3% of Thrive Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Thrive Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $12,903,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of VUG. Decker Retirement Planning Inc. bought a new position in shares of Vanguard Growth ETF in the fourth quarter worth $28,000. Teachers Insurance & Annuity Association of America bought a new position in Vanguard Growth ETF in the 3rd quarter worth about $35,000. Rosenberg Matthew Hamilton raised its holdings in shares of Vanguard Growth ETF by 494.1% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after acquiring an additional 84 shares in the last quarter. Transcendent Capital Group LLC boosted its position in shares of Vanguard Growth ETF by 420.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock valued at $48,000 after acquiring an additional 101 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new position in shares of Vanguard Growth ETF during the third quarter worth about $48,000.

Vanguard Growth ETF Trading Up 1.3 %

VUG stock opened at $415.91 on Monday. Vanguard Growth ETF has a 1-year low of $312.19 and a 1-year high of $428.69. The stock has a market cap of $143.28 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The company’s 50 day moving average is $413.64 and its 200 day moving average is $390.10.

Vanguard Growth ETF 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.