Veridan Wealth LLC Makes New $4.16 Million Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Veridan Wealth LLC bought a new stake in Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 10,038 shares of the company’s stock, valued at approximately $4,158,000. Vanguard Growth ETF makes up approximately 2.0% of Veridan Wealth LLC’s holdings, making the stock its 17th biggest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Decker Retirement Planning Inc. purchased a new position in Vanguard Growth ETF in the 4th quarter valued at approximately $28,000. Human Investing LLC acquired a new stake in Vanguard Growth ETF in the fourth quarter valued at $28,000. Cardinal Strategic Wealth Guidance purchased a new position in shares of Vanguard Growth ETF in the fourth quarter valued at $33,000. Global Trust Asset Management LLC increased its position in shares of Vanguard Growth ETF by 1,071.4% in the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after buying an additional 75 shares in the last quarter. Finally, Teachers Insurance & Annuity Association of America acquired a new position in shares of Vanguard Growth ETF during the 3rd quarter worth $35,000.

Vanguard Growth ETF Stock Down 2.5 %

Vanguard Growth ETF stock opened at $398.60 on Friday. The firm’s 50-day simple moving average is $417.69 and its 200 day simple moving average is $399.94. Vanguard Growth ETF has a 52 week low of $321.29 and a 52 week high of $429.11. The firm has a market capitalization of $386.95 billion, a PE ratio of 37.80 and a beta of 1.12.

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.