Exchange Traded Concepts LLC Takes $43.34 Million Position in Vanguard Growth ETF $VUG

Exchange Traded Concepts LLC purchased a new stake in Vanguard Growth ETF (NYSEARCA:VUG) during the second quarter, according to its most recent filing with the SEC. The firm purchased 98,865 shares of the company’s stock, valued at approximately $43,342,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Liberty Wealth Management LLC grew its stake in Vanguard Growth ETF by 1,131.2% during the 1st quarter. Liberty Wealth Management LLC now owns 69,093 shares of the company’s stock worth $25,621,000 after buying an additional 63,481 shares during the last quarter. Partners in Financial Planning grew its stake in Vanguard Growth ETF by 0.7% during the 1st quarter. Partners in Financial Planning now owns 144,647 shares of the company’s stock worth $53,638,000 after buying an additional 1,045 shares during the last quarter. Fountainhead AM LLC grew its stake in Vanguard Growth ETF by 13.2% during the 1st quarter. Fountainhead AM LLC now owns 39,939 shares of the company’s stock worth $14,810,000 after buying an additional 4,651 shares during the last quarter. Millennium Management LLC purchased a new position in Vanguard Growth ETF during the 4th quarter worth $292,000. Finally, Jaffetilchin Investment Partners LLC grew its stake in Vanguard Growth ETF by 45.0% during the 1st quarter. Jaffetilchin Investment Partners LLC now owns 3,676 shares of the company’s stock worth $1,363,000 after buying an additional 1,140 shares during the last quarter.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $473.58 on Thursday. The stock’s fifty day moving average price is $457.29 and its 200 day moving average price is $415.95. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $476.83. The company has a market cap of $189.51 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11.

Vanguard Growth ETF Company 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.