Merriman Wealth Management LLC Acquires 202 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Merriman Wealth Management LLC grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 25.0% during the second quarter, Holdings Channel reports. The firm owned 1,011 shares of the company’s stock after acquiring an additional 202 shares during the quarter. Merriman Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $379,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Keener Financial Planning LLC acquired a new position in Vanguard Growth ETF in the first quarter valued at approximately $29,000. New Millennium Group LLC acquired a new position in shares of Vanguard Growth ETF during the 2nd quarter valued at $31,000. Livelsberger Financial Advisory bought a new position in Vanguard Growth ETF during the fourth quarter worth $33,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in Vanguard Growth ETF in the second quarter worth $34,000. Finally, Stuart Chaussee & Associates Inc. bought a new stake in Vanguard Growth ETF in the first quarter valued at $40,000.

Vanguard Growth ETF Price Performance

VUG stock opened at $380.89 on Friday. The company’s 50-day moving average is $368.23 and its 200-day moving average is $358.04. The stock has a market capitalization of $131.21 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $392.14.

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.