Navalign LLC Increases Stock Holdings in Vanguard Growth ETF $VUG

Navalign LLC raised its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 488.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 7,826 shares of the company’s stock after acquiring an additional 6,495 shares during the period. Navalign LLC’s holdings in Vanguard Growth ETF were worth $674,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Turning Point Benefit Group Inc. acquired a new stake in Vanguard Growth ETF in the 3rd quarter valued at $26,000. Strategic Wealth Advisors LLC bought a new stake in shares of Vanguard Growth ETF in the 4th quarter worth about $35,000. Garner Asset Management Corp acquired a new stake in Vanguard Growth ETF during the fourth quarter valued at approximately $41,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at approximately $41,000. Finally, Lifetime Wealth Management P.C. acquired a new position in Vanguard Growth ETF in the fourth quarter valued at approximately $44,000.

Vanguard Growth ETF Price Performance

Shares of VUG opened at $89.34 on Friday. The stock has a fifty day moving average price of $86.09 and a 200 day moving average price of $82.23. The company has a market cap of $231.11 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60.

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. 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.