FLP Wealth Management LLC Grows Position in Vanguard Growth ETF $VUG

FLP Wealth Management LLC grew its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 984.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,827 shares of the company’s stock after acquiring an additional 14,367 shares during the quarter. Vanguard Growth ETF accounts for 7.5% of FLP Wealth Management LLC’s holdings, making the stock its 4th biggest position. FLP Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $7,591,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Legend Financial Advisors Inc. bought a new position in Vanguard Growth ETF in the second quarter valued at $31,000. Biltmore Family Office LLC acquired a new position in shares of Vanguard Growth ETF during the 2nd quarter worth about $31,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Vanguard Growth ETF during the 2nd quarter worth about $32,000. Kilter Group LLC bought a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at about $33,000. Finally, Anfield Capital Management LLC increased its position in shares of Vanguard Growth ETF by 266.7% in the second quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock valued at $34,000 after acquiring an additional 56 shares during the last quarter.

Vanguard Growth ETF Stock Performance

VUG opened at $495.07 on Thursday. The business’s 50-day simple moving average is $487.85 and its 200 day simple moving average is $466.65. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38. The firm has a market capitalization of $200.96 billion, a PE ratio of 36.22 and a beta of 1.17.

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. 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.