Absolute Capital Management LLC Makes New Investment in Vanguard S&P 500 Growth ETF $VOOG

Absolute Capital Management LLC purchased a new stake in Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 13,010 shares of the company’s stock, valued at approximately $5,665,000. Vanguard S&P 500 Growth ETF accounts for approximately 2.4% of Absolute Capital Management LLC’s holdings, making the stock its 9th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VOOG. AQR Capital Management LLC bought a new position in Vanguard S&P 500 Growth ETF in the 1st quarter worth about $355,000. Goldman Sachs Group Inc. lifted its holdings in shares of Vanguard S&P 500 Growth ETF by 5.4% in the first quarter. Goldman Sachs Group Inc. now owns 70,122 shares of the company’s stock worth $23,454,000 after buying an additional 3,590 shares in the last quarter. Truist Financial Corp grew its stake in Vanguard S&P 500 Growth ETF by 23.8% during the second quarter. Truist Financial Corp now owns 55,642 shares of the company’s stock valued at $22,064,000 after acquiring an additional 10,714 shares in the last quarter. Consolidated Portfolio Review Corp increased its holdings in Vanguard S&P 500 Growth ETF by 4.2% during the 2nd quarter. Consolidated Portfolio Review Corp now owns 10,247 shares of the company’s stock worth $4,063,000 after acquiring an additional 410 shares during the period. Finally, PFG Investments LLC increased its holdings in Vanguard S&P 500 Growth ETF by 12.9% during the 2nd quarter. PFG Investments LLC now owns 1,886 shares of the company’s stock worth $748,000 after acquiring an additional 216 shares during the period.

Vanguard S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:VOOG opened at $453.15 on Thursday. The firm has a fifty day moving average price of $445.02 and a two-hundred day moving average price of $432.69. Vanguard S&P 500 Growth ETF has a one year low of $286.00 and a one year high of $456.71. The company has a market cap of $22.43 billion, a price-to-earnings ratio of 31.89 and a beta of 1.11.

Vanguard S&P 500 Growth ETF Profile

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.