Verde Capital Management Invests $360,000 in Vanguard Growth ETF (NYSEARCA:VUG)

Verde Capital Management acquired a new stake in Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 876 shares of the company’s stock, valued at approximately $360,000.

Other hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new position in Vanguard Growth ETF in the second quarter valued at about $270,138,000. Axiom Advisory LLC raised its stake in shares of Vanguard Growth ETF by 9.3% in the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock valued at $2,696,912,000 after acquiring an additional 614,652 shares during the period. Smith Anglin Financial LLC lifted its holdings in shares of Vanguard Growth ETF by 49,394.9% in the 3rd quarter. Smith Anglin Financial LLC now owns 361,313 shares of the company’s stock worth $138,719,000 after acquiring an additional 360,583 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of Vanguard Growth ETF by 26.5% during the 3rd quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock worth $462,056,000 after purchasing an additional 257,784 shares during the period. Finally, Magnolia Capital Advisors LLC acquired a new stake in Vanguard Growth ETF in the 2nd quarter valued at approximately $86,256,000.

Vanguard Growth ETF Stock Up 0.4 %

Shares of NYSEARCA VUG opened at $426.08 on Friday. The business’s 50 day moving average is $414.30 and its two-hundred day moving average is $390.84. Vanguard Growth ETF has a 52-week low of $317.59 and a 52-week high of $428.69. The firm has a market cap of $146.78 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.