Vanguard Growth ETF (NYSEARCA:VUG) Stock Holdings Lifted by Merit Financial Group LLC

Merit Financial Group LLC increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 470,041 shares of the company’s stock after buying an additional 9,186 shares during the period. Vanguard Growth ETF comprises approximately 2.6% of Merit Financial Group LLC’s investment portfolio, making the stock its 3rd largest holding. Merit Financial Group LLC’s holdings in Vanguard Growth ETF were worth $174,301,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Roxbury Financial LLC raised its stake in Vanguard Growth ETF by 66.1% in the 1st quarter. Roxbury Financial LLC now owns 427 shares of the company’s stock valued at $173,000 after purchasing an additional 170 shares during the last quarter. Milestone Asset Management LLC raised its stake in Vanguard Growth ETF by 65.8% in the 1st quarter. Milestone Asset Management LLC now owns 1,612 shares of the company’s stock valued at $598,000 after purchasing an additional 640 shares during the last quarter. Flagstar Advisors Inc. raised its stake in Vanguard Growth ETF by 2.0% in the 1st quarter. Flagstar Advisors Inc. now owns 1,452 shares of the company’s stock valued at $538,000 after purchasing an additional 28 shares during the last quarter. High Net Worth Advisory Group LLC raised its stake in Vanguard Growth ETF by 1.8% in the 1st quarter. High Net Worth Advisory Group LLC now owns 14,683 shares of the company’s stock valued at $5,449,000 after purchasing an additional 266 shares during the last quarter. Finally, Gradient Investments LLC raised its stake in Vanguard Growth ETF by 27.3% in the 1st quarter. Gradient Investments LLC now owns 936 shares of the company’s stock valued at $347,000 after purchasing an additional 201 shares during the last quarter.

Vanguard Growth ETF Stock Up 0.7%

Shares of VUG opened at $416.13 on Tuesday. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $429.11. The company has a market capitalization of $412.41 billion, a PE ratio of 35.28 and a beta of 1.18. The stock has a fifty day simple moving average of $380.05 and a two-hundred day simple moving average of $399.43.

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.