Smith Thornton Advisors LLC Invests $330,000 in Vanguard Growth ETF (NYSEARCA:VUG)

Smith Thornton Advisors LLC purchased a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 881 shares of the company’s stock, valued at approximately $330,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. New Millennium Group LLC acquired a new stake in Vanguard Growth ETF during the 2nd quarter valued at $31,000. Keener Financial Planning LLC purchased a new position in shares of Vanguard Growth ETF during the first quarter valued at $29,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in Vanguard Growth ETF in the 2nd quarter worth about $34,000. Livelsberger Financial Advisory acquired a new stake in Vanguard Growth ETF during the 4th quarter worth about $33,000. Finally, Stuart Chaussee & Associates Inc. purchased a new position in Vanguard Growth ETF during the 1st quarter valued at about $40,000.

Vanguard Growth ETF Price Performance

Shares of VUG opened at $384.35 on Friday. The company has a market capitalization of $132.40 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The business’s 50-day moving average is $368.42 and its 200-day moving average is $359.12. Vanguard Growth ETF has a fifty-two week low of $260.65 and a fifty-two week high of $392.14.

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.