Downshift Financial LLC Makes New $4.44 Million Investment in Vanguard Growth ETF $VUG

Downshift Financial LLC acquired a new position in Vanguard Growth ETF (NYSEARCA:VUG) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,158 shares of the company’s stock, valued at approximately $4,437,000. Vanguard Growth ETF comprises about 2.2% of Downshift Financial LLC’s investment portfolio, making the stock its 13th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Valpey Financial Services LLC increased its position in Vanguard Growth ETF by 46,787.8% during the 4th quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock valued at $3,985,228,000 after purchasing an additional 8,151,373 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at $1,690,059,000. Align Financial LLC acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter worth $428,175,000. Bank of America Corp DE raised its stake in Vanguard Growth ETF by 1.7% during the fourth quarter. Bank of America Corp DE now owns 47,877,294 shares of the company’s stock worth $23,357,417,000 after buying an additional 789,696 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in Vanguard Growth ETF by 189.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 334,163 shares of the company’s stock worth $159,375,000 after buying an additional 706,311 shares during the last quarter.

Vanguard Growth ETF Stock Down 0.3%

VUG stock opened at $86.43 on Tuesday. The firm has a market cap of $223.74 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The company’s fifty day simple moving average is $86.15 and its 200 day simple moving average is $81.11. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60.

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.