Stone Loft Wealth Management LLC Takes Position in Vanguard Growth ETF $VUG

Stone Loft Wealth Management LLC acquired a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the first quarter, HoldingsChannel reports. The firm acquired 6,108 shares of the company’s stock, valued at approximately $2,668,000. Vanguard Growth ETF accounts for approximately 1.9% of Stone Loft Wealth Management LLC’s portfolio, making the stock its 8th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Turning Point Benefit Group Inc. bought a new position in Vanguard Growth ETF in the 3rd quarter valued at about $26,000. DecisionPoint Financial LLC raised its position in shares of Vanguard Growth ETF by 116.0% during the 4th quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock worth $26,000 after buying an additional 29 shares in the last quarter. Byrne Asset Management LLC raised its position in shares of Vanguard Growth ETF by 520.0% during the 4th quarter. Byrne Asset Management LLC now owns 62 shares of the company’s stock worth $30,000 after buying an additional 52 shares in the last quarter. Team Financial Group LLC lifted its stake in shares of Vanguard Growth ETF by 366.7% in the 4th quarter. Team Financial Group LLC now owns 70 shares of the company’s stock worth $34,000 after acquiring an additional 55 shares during the period. Finally, Strategic Wealth Advisors LLC acquired a new stake in shares of Vanguard Growth ETF in the 4th quarter worth approximately $35,000.

Vanguard Growth ETF Price Performance

Vanguard Growth ETF stock opened at $85.33 on Tuesday. The firm has a 50 day simple moving average of $86.63 and a 200-day simple moving average of $81.48. The stock has a market capitalization of $220.73 billion, a PE ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60.

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.