Sherman Wealth Management LLC Purchases Shares of 2,589 Vanguard Growth ETF $VUG

Sherman Wealth Management LLC acquired a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,589 shares of the company’s stock, valued at approximately $1,242,000. Vanguard Growth ETF makes up about 1.2% of Sherman Wealth Management LLC’s portfolio, making the stock its 21st biggest holding.

A number of other hedge funds have also made changes to their positions in the business. Pathway Financial Advisors LLC raised its position in shares of Vanguard Growth ETF by 3.3% during the 4th quarter. Pathway Financial Advisors LLC now owns 196,117 shares of the company’s stock worth $96,142,000 after acquiring an additional 6,335 shares in the last quarter. Net Worth Advisory Group boosted its holdings in Vanguard Growth ETF by 265.6% in the fourth quarter. Net Worth Advisory Group now owns 6,997 shares of the company’s stock valued at $3,413,000 after purchasing an additional 5,083 shares in the last quarter. Romano Brothers AND Company increased its stake in Vanguard Growth ETF by 3.2% in the fourth quarter. Romano Brothers AND Company now owns 41,648 shares of the company’s stock valued at $20,318,000 after purchasing an additional 1,282 shares during the last quarter. Capital Investment Advisors LLC increased its stake in Vanguard Growth ETF by 27.2% in the fourth quarter. Capital Investment Advisors LLC now owns 17,844 shares of the company’s stock valued at $8,705,000 after purchasing an additional 3,817 shares during the last quarter. Finally, Team Financial Group LLC raised its holdings in Vanguard Growth ETF by 366.7% during the fourth quarter. Team Financial Group LLC now owns 70 shares of the company’s stock worth $34,000 after purchasing an additional 55 shares in the last quarter.

Vanguard Growth ETF Trading Down 2.4%

Shares of NYSEARCA:VUG opened at $422.37 on Friday. The company has a market capitalization of $176.18 billion, a PE ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $505.38. The firm has a 50 day simple moving average of $463.67 and a 200-day simple moving average of $477.77.

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.