Bridgewealth Advisory Group LLC Purchases 56 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Bridgewealth Advisory Group LLC raised its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.2% in the second quarter, HoldingsChannel reports. The firm owned 2,626 shares of the company’s stock after buying an additional 56 shares during the quarter. Bridgewealth Advisory Group LLC’s holdings in Vanguard Growth ETF were worth $982,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in VUG. Holderness Investments Co. boosted its holdings in shares of Vanguard Growth ETF by 13.9% in the second quarter. Holderness Investments Co. now owns 1,849 shares of the company’s stock worth $692,000 after buying an additional 226 shares during the last quarter. Lavaca Capital LLC bought a new position in Vanguard Growth ETF in the second quarter worth approximately $968,000. Merriman Wealth Management LLC boosted its stake in shares of Vanguard Growth ETF by 25.0% during the 2nd quarter. Merriman Wealth Management LLC now owns 1,011 shares of the company’s stock worth $379,000 after acquiring an additional 202 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Vanguard Growth ETF by 8.6% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,130 shares of the company’s stock valued at $1,170,000 after acquiring an additional 248 shares during the period. Finally, Ranch Capital Advisors Inc. purchased a new stake in shares of Vanguard Growth ETF in the 2nd quarter worth $440,000.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $380.89 on Friday. The stock has a 50-day simple moving average of $368.23 and a two-hundred day simple moving average of $358.04. Vanguard Growth ETF has a 52-week low of $260.65 and a 52-week high of $392.14. The firm has a market capitalization of $131.21 billion, a PE ratio of 39.58 and a beta of 1.26.

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.