Abich Financial Wealth Management LLC Acquires Shares of 21,462 Vanguard Growth ETF $VUG

Abich Financial Wealth Management LLC acquired a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,462 shares of the company’s stock, valued at approximately $10,293,000. Vanguard Growth ETF accounts for about 3.7% of Abich Financial Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding.

Other hedge funds also recently made changes to their positions in the company. Biltmore Family Office LLC purchased a new stake in Vanguard Growth ETF during the 2nd quarter valued at $31,000. Kilter Group LLC bought a new position in shares of Vanguard Growth ETF during the second quarter valued at about $33,000. Anfield Capital Management LLC raised its stake in shares of Vanguard Growth ETF by 266.7% during 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. Friedenthal Financial purchased a new stake in shares of Vanguard Growth ETF during the third quarter worth about $38,000. Finally, Family Legacy Financial Solutions LLC purchased a new stake in shares of Vanguard Growth ETF during the third quarter worth about $46,000.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $460.15 on Friday. The firm has a market cap of $191.94 billion, a P/E ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $505.38. The business’s 50 day moving average price is $484.53 and its 200-day moving average price is $478.25.

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. 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.