Vanguard Growth ETF $VUG is Thrive Wealth Management LLC’s 5th Largest Position

Thrive Wealth Management LLC increased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 502.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 193,880 shares of the company’s stock after purchasing an additional 161,703 shares during the quarter. Vanguard Growth ETF makes up approximately 2.1% of Thrive Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Thrive Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $16,701,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lincoln Capital LLC raised its holdings in Vanguard Growth ETF by 528.4% in the 2nd quarter. Lincoln Capital LLC now owns 22,709 shares of the company’s stock valued at $1,956,000 after buying an additional 19,095 shares during the period. Archer Investment Management LLC lifted its holdings in shares of Vanguard Growth ETF by 497.1% in the 2nd quarter. Archer Investment Management LLC now owns 18,828 shares of the company’s stock worth $1,622,000 after acquiring an additional 15,675 shares during the last quarter. Chapin Davis Inc. boosted its position in shares of Vanguard Growth ETF by 486.3% during the 2nd quarter. Chapin Davis Inc. now owns 19,219 shares of the company’s stock worth $1,655,000 after purchasing an additional 15,941 shares during the period. Fermata Advisors LLC boosted its position in shares of Vanguard Growth ETF by 499.8% during the 2nd quarter. Fermata Advisors LLC now owns 8,409 shares of the company’s stock worth $724,000 after purchasing an additional 7,007 shares during the period. Finally, 180 Wealth Advisors LLC increased its holdings in Vanguard Growth ETF by 485.9% in the 2nd quarter. 180 Wealth Advisors LLC now owns 17,390 shares of the company’s stock valued at $1,498,000 after purchasing an additional 14,422 shares during the last quarter.

Vanguard Growth ETF Stock Down 0.4%

Shares of NYSEARCA VUG opened at $88.73 on Thursday. The business’s 50 day moving average is $86.08 and its two-hundred day moving average is $81.80. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60. The firm has a market cap of $229.53 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.