Precision Wealth Strategies LLC Purchases New Holdings in Vanguard Growth ETF $VUG

Precision Wealth Strategies LLC purchased a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 5,167 shares of the company’s stock, valued at approximately $2,265,000.

A number of other hedge funds have also added to or reduced their stakes in VUG. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Vanguard Growth ETF in the 1st quarter worth approximately $29,000. Allianz SE purchased a new position in shares of Vanguard Growth ETF in the first quarter worth $29,000. Hager Investment Management Services LLC purchased a new position in shares of Vanguard Growth ETF in the first quarter worth $31,000. Costello Asset Management INC purchased a new position in shares of Vanguard Growth ETF in the first quarter worth $31,000. Finally, Legend Financial Advisors Inc. purchased a new position in shares of Vanguard Growth ETF in the second quarter worth $31,000.

Vanguard Growth ETF Trading Up 0.5%

NYSEARCA VUG opened at $481.86 on Thursday. The company has a fifty day simple moving average of $463.80 and a two-hundred day simple moving average of $422.52. The stock has a market cap of $192.82 billion, a P/E ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $484.21.

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.