Mascagni Wealth Management Inc. Raises Position in Vanguard Growth ETF $VUG

Mascagni Wealth Management Inc. increased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 500.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,726 shares of the company’s stock after buying an additional 10,605 shares during the quarter. Mascagni Wealth Management Inc.’s holdings in Vanguard Growth ETF were worth $1,096,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Brighton Jones LLC boosted its holdings in Vanguard Growth ETF by 5.4% in the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after acquiring an additional 870 shares during the period. Jump Financial LLC purchased a new stake in shares of Vanguard Growth ETF during the second quarter valued at approximately $1,859,000. Gamco Investors INC. ET AL purchased a new stake in shares of Vanguard Growth ETF during the second quarter valued at approximately $320,000. Alliancebernstein L.P. lifted its position in shares of Vanguard Growth ETF by 142.2% during the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock worth $316,894,000 after purchasing an additional 424,342 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its position in shares of Vanguard Growth ETF by 3.3% during the second quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock worth $2,279,000 after purchasing an additional 158 shares in the last quarter.

Vanguard Growth ETF Trading Down 0.5%

Shares of VUG stock opened at $88.87 on Tuesday. The company has a market capitalization of $229.89 billion, a PE ratio of 36.22 and a beta of 1.22. The firm has a fifty day simple moving average of $86.14 and a 200-day simple moving average of $82.29. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60.

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. 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.