Absolute Capital Management LLC Grows Position in Vanguard Growth ETF (NYSEARCA:VUG)

Absolute Capital Management LLC boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 6.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,346 shares of the company’s stock after purchasing an additional 144 shares during the quarter. Absolute Capital Management LLC’s holdings in Vanguard Growth ETF were worth $729,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Truist Financial Corp grew its holdings in Vanguard Growth ETF by 5.3% in the fourth quarter. Truist Financial Corp now owns 1,133,173 shares of the company’s stock valued at $352,281,000 after purchasing an additional 57,277 shares during the period. KFA Private Wealth Group LLC grew its holdings in Vanguard Growth ETF by 45.7% in the fourth quarter. KFA Private Wealth Group LLC now owns 6,856 shares of the company’s stock valued at $2,131,000 after purchasing an additional 2,149 shares during the period. Kovack Advisors Inc. grew its holdings in Vanguard Growth ETF by 5.2% in the fourth quarter. Kovack Advisors Inc. now owns 19,901 shares of the company’s stock valued at $6,187,000 after purchasing an additional 975 shares during the period. Yoder Wealth Management Inc. grew its holdings in Vanguard Growth ETF by 3.3% in the fourth quarter. Yoder Wealth Management Inc. now owns 21,872 shares of the company’s stock valued at $6,798,000 after purchasing an additional 694 shares during the period. Finally, Evolution Advisers Inc. grew its holdings in Vanguard Growth ETF by 1.3% in the fourth quarter. Evolution Advisers Inc. now owns 73,577 shares of the company’s stock valued at $22,484,000 after purchasing an additional 926 shares during the period.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock opened at $335.18 on Friday. The company has a market cap of $115.47 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a 1 year low of $246.26 and a 1 year high of $348.88. The firm has a 50 day moving average price of $338.87 and a 200 day moving average price of $315.26.

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.