Sage Financial Management Group Inc. Has $1.58 Million Holdings in Vanguard Growth ETF $VUG

Sage Financial Management Group Inc. lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 48.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,595 shares of the company’s stock after acquiring an additional 1,174 shares during the period. Vanguard Growth ETF makes up approximately 0.5% of Sage Financial Management Group Inc.’s investment portfolio, making the stock its 24th largest position. Sage Financial Management Group Inc.’s holdings in Vanguard Growth ETF were worth $1,576,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Smallwood Wealth Investment Management LLC acquired a new stake in Vanguard Growth ETF during the first quarter worth about $29,000. Allianz SE acquired a new stake in Vanguard Growth ETF during the first quarter worth about $29,000. Hager Investment Management Services LLC acquired a new stake in Vanguard Growth ETF during the first quarter worth about $31,000. Costello Asset Management INC acquired a new stake in Vanguard Growth ETF during the first quarter worth about $31,000. Finally, Legend Financial Advisors Inc. acquired a new stake in Vanguard Growth ETF during the second quarter worth about $31,000.

Vanguard Growth ETF Stock Down 0.4%

Shares of Vanguard Growth ETF stock opened at $481.44 on Friday. The company has a market capitalization of $195.83 billion, a price-to-earnings 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 $484.77. The firm’s 50-day moving average price is $464.97 and its two-hundred day moving average price is $423.98.

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.