Rise Advisors LLC Grows Holdings in Vanguard Growth ETF $VUG

Rise Advisors LLC increased its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 6.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,599 shares of the company’s stock after acquiring an additional 5,293 shares during the period. Vanguard Growth ETF makes up approximately 15.8% of Rise Advisors LLC’s investment portfolio, making the stock its biggest position. Rise Advisors LLC’s holdings in Vanguard Growth ETF were worth $43,932,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Fund Evaluation Group LLC acquired a new position in Vanguard Growth ETF in the second quarter worth approximately $5,594,000. Geneos Wealth Management Inc. boosted its stake in shares of Vanguard Growth ETF by 26.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 50,831 shares of the company’s stock worth $22,284,000 after acquiring an additional 10,602 shares in the last quarter. B.O.S.S. Retirement Advisors LLC acquired a new position in shares of Vanguard Growth ETF in the 2nd quarter worth $1,092,000. Hershey Financial Advisers LLC acquired a new stake in shares of Vanguard Growth ETF during the second quarter worth $517,000. Finally, Soltis Investment Advisors LLC lifted its holdings in shares of Vanguard Growth ETF by 11.0% during the second quarter. Soltis Investment Advisors LLC now owns 5,053 shares of the company’s stock valued at $2,215,000 after purchasing an additional 499 shares during the last quarter.

Vanguard Growth ETF Trading Down 1.8%

Shares of VUG opened at $475.56 on Thursday. The business’s 50-day moving average price is $486.66 and its 200 day moving average price is $464.17. The stock has a market capitalization of $193.04 billion, a P/E ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $505.38.

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.