Penobscot Wealth Management Purchases New Stake in Vanguard Growth ETF $VUG

Penobscot Wealth Management purchased a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,047 shares of the company’s stock, valued at approximately $459,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Brookwood Investment Group LLC raised its position in shares of Vanguard Growth ETF by 3.2% during the 2nd quarter. Brookwood Investment Group LLC now owns 61,008 shares of the company’s stock valued at $26,746,000 after acquiring an additional 1,887 shares in the last quarter. Pasadena Private Wealth LLC raised its position in shares of Vanguard Growth ETF by 6.9% during the 2nd quarter. Pasadena Private Wealth LLC now owns 181,691 shares of the company’s stock valued at $79,653,000 after acquiring an additional 11,741 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its position in shares of Vanguard Growth ETF by 4.9% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 37,078 shares of the company’s stock valued at $16,274,000 after acquiring an additional 1,733 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Vanguard Growth ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,127,139 shares of the company’s stock valued at $3,562,911,000 after acquiring an additional 79,107 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its position in shares of Vanguard Growth ETF by 6.9% during the 2nd quarter. Wealthfront Advisers LLC now owns 97,415 shares of the company’s stock valued at $42,707,000 after acquiring an additional 6,325 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG opened at $489.62 on Monday. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $491.05. The business’s fifty day moving average price is $472.48 and its two-hundred day moving average price is $436.89. The firm has a market capitalization of $198.75 billion, a PE ratio of 36.22 and a beta of 1.11.

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.