Golden Road Advisors LLC Takes Position in Vanguard Growth ETF (NYSEARCA:VUG)

Golden Road Advisors LLC purchased a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 98,301 shares of the company’s stock, valued at approximately $30,560,000. Vanguard Growth ETF makes up about 29.2% of Golden Road Advisors LLC’s portfolio, making the stock its largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of VUG. High Note Wealth LLC grew its holdings in Vanguard Growth ETF by 4.1% in the fourth quarter. High Note Wealth LLC now owns 863 shares of the company’s stock worth $268,000 after purchasing an additional 34 shares during the last quarter. Interchange Capital Partners LLC grew its holdings in Vanguard Growth ETF by 1.5% in the fourth quarter. Interchange Capital Partners LLC now owns 2,411 shares of the company’s stock worth $744,000 after purchasing an additional 35 shares during the last quarter. First Bancorp Inc ME grew its holdings in Vanguard Growth ETF by 1.8% in the fourth quarter. First Bancorp Inc ME now owns 1,951 shares of the company’s stock worth $607,000 after purchasing an additional 35 shares during the last quarter. Fortis Group Advisors LLC grew its holdings in Vanguard Growth ETF by 1.2% in the fourth quarter. Fortis Group Advisors LLC now owns 3,025 shares of the company’s stock worth $940,000 after purchasing an additional 35 shares during the last quarter. Finally, Elevatus Welath Management grew its holdings in Vanguard Growth ETF by 0.4% in the fourth quarter. Elevatus Welath Management now owns 8,151 shares of the company’s stock worth $2,534,000 after purchasing an additional 36 shares during the last quarter.

Vanguard Growth ETF Stock Down 1.8 %

Shares of VUG traded down $6.21 during trading hours on Tuesday, reaching $329.82. 716,432 shares of the company traded hands, compared to its average volume of 1,051,132. The stock has a market capitalization of $113.62 billion, a P/E ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a 12-month low of $246.28 and a 12-month high of $348.88. The business has a fifty day moving average price of $338.92 and a 200-day moving average price of $316.24.

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.