Innovative Wealth Building LLC Purchases 562 Shares of Vanguard Growth ETF $VUG

Innovative Wealth Building LLC grew its position in Vanguard Growth ETF (NYSEARCA:VUG) by 27.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,592 shares of the company’s stock after purchasing an additional 562 shares during the quarter. Vanguard Growth ETF makes up about 0.9% of Innovative Wealth Building LLC’s investment portfolio, making the stock its 20th largest holding. Innovative Wealth Building LLC’s holdings in Vanguard Growth ETF were worth $1,136,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Brighton Jones LLC boosted its position in shares of Vanguard Growth ETF by 5.4% during the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after acquiring an additional 870 shares during the last quarter. Millennium Management LLC bought a new position in shares of Vanguard Growth ETF during the fourth quarter worth $292,000. Stablepoint Partners LLC boosted its position in shares of Vanguard Growth ETF by 3.5% during the first quarter. Stablepoint Partners LLC now owns 2,483 shares of the company’s stock worth $921,000 after acquiring an additional 85 shares during the last quarter. Sovereign Financial Group Inc. boosted its position in shares of Vanguard Growth ETF by 4.6% during the first quarter. Sovereign Financial Group Inc. now owns 60,780 shares of the company’s stock worth $22,538,000 after acquiring an additional 2,696 shares during the last quarter. Finally, Verum Partners LLC grew its position in shares of Vanguard Growth ETF by 60.2% during the first quarter. Verum Partners LLC now owns 1,067 shares of the company’s stock valued at $396,000 after purchasing an additional 401 shares in the last quarter.

Vanguard Growth ETF Trading Down 0.4%

Shares of VUG stock opened at $481.44 on Friday. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $484.77. The stock’s 50-day moving average price is $464.97 and its 200-day moving average price is $424.29. The stock 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 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.