Vanguard Growth ETF $VUG is Thrive Wealth Management LLC’s 5th Largest Position

Thrive Wealth Management LLC grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 502.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 193,880 shares of the company’s stock after acquiring an additional 161,703 shares during the quarter. Vanguard Growth ETF comprises 2.1% of Thrive Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. Thrive Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $16,701,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in VUG. Turning Point Benefit Group Inc. acquired a new position in shares of Vanguard Growth ETF in the 3rd quarter valued at $26,000. Strategic Wealth Advisors LLC acquired a new position in Vanguard Growth ETF in the fourth quarter valued at $35,000. Garner Asset Management Corp purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at about $41,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter worth about $41,000. Finally, Lifetime Wealth Management P.C. purchased a new position in shares of Vanguard Growth ETF during the fourth quarter worth about $44,000.

Vanguard Growth ETF Stock Down 0.4%

NYSEARCA VUG opened at $88.73 on Thursday. The stock has a market capitalization of $229.53 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60. The firm has a 50-day moving average price of $86.08 and a 200 day moving average price of $81.80.

About Vanguard Growth ETF

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.