Meridian Wealth Management LLC Has $32.78 Million Holdings in Vanguard Growth ETF $VUG

Meridian Wealth Management LLC boosted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 16.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,112 shares of the company’s stock after purchasing an additional 9,548 shares during the period. Vanguard Growth ETF accounts for approximately 1.3% of Meridian Wealth Management LLC’s holdings, making the stock its 14th largest holding. Meridian Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $32,775,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Biltmore Family Office LLC bought a new position in shares of Vanguard Growth ETF in the second quarter valued at about $31,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in Vanguard Growth ETF during the 2nd quarter worth about $32,000. Kilter Group LLC acquired a new stake in Vanguard Growth ETF in the 2nd quarter valued at about $33,000. Anfield Capital Management LLC raised its stake in shares of Vanguard Growth ETF by 266.7% in the second quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock worth $34,000 after acquiring an additional 56 shares during the last quarter. Finally, Friedenthal Financial bought a new position in shares of Vanguard Growth ETF in the third quarter worth about $38,000.

Vanguard Growth ETF Trading Down 0.7%

Shares of VUG stock opened at $481.55 on Friday. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $505.38. The firm’s 50 day moving average is $487.90 and its 200-day moving average is $477.20. The firm has a market capitalization of $200.87 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.