MOR Wealth Management LLC Makes New Investment in Vanguard Growth ETF $VUG

MOR Wealth Management LLC acquired a new stake in Vanguard Growth ETF (NYSEARCA:VUG) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,432 shares of the company’s stock, valued at approximately $699,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vantagepoint Investment Advisers LLC raised its stake in Vanguard Growth ETF by 12,542.9% in the 3rd quarter. Vantagepoint Investment Advisers LLC now owns 1,074,650 shares of the company’s stock valued at $515,413,000 after acquiring an additional 1,066,150 shares during the period. Bank of America Corp DE increased its holdings in shares of Vanguard Growth ETF by 1.8% in the second quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock valued at $21,651,256,000 after purchasing an additional 851,110 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of Vanguard Growth ETF by 189.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 334,163 shares of the company’s stock valued at $159,375,000 after purchasing an additional 706,311 shares during the period. Corient Private Wealth LLC raised its position in shares of Vanguard Growth ETF by 97.7% in the second quarter. Corient Private Wealth LLC now owns 1,228,937 shares of the company’s stock valued at $538,790,000 after purchasing an additional 607,436 shares during the period. Finally, Moneta Group Investment Advisors LLC lifted its stake in shares of Vanguard Growth ETF by 57.8% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 1,372,695 shares of the company’s stock worth $658,358,000 after buying an additional 503,034 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $422.37 on Monday. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $505.38. The company has a market capitalization of $176.18 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. The company has a 50-day simple moving average of $463.67 and a 200 day simple moving average of $477.92.

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. 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.