Vanguard Growth ETF $VUG Shares Acquired by Sterling Wealth Management Inc.

Sterling Wealth Management Inc. lifted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 500.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 16,275 shares of the company’s stock after buying an additional 13,564 shares during the quarter. Vanguard Growth ETF accounts for approximately 0.3% of Sterling Wealth Management Inc.’s portfolio, making the stock its 19th biggest position. Sterling Wealth Management Inc.’s holdings in Vanguard Growth ETF were worth $1,402,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Integrated Capital Management LLC grew its position in Vanguard Growth ETF by 1.9% in the 1st quarter. Integrated Capital Management LLC now owns 1,136 shares of the company’s stock valued at $496,000 after acquiring an additional 21 shares in the last quarter. Prepared Retirement Institute LLC lifted its position in shares of Vanguard Growth ETF by 0.6% during the fourth quarter. Prepared Retirement Institute LLC now owns 3,739 shares of the company’s stock worth $1,824,000 after purchasing an additional 22 shares in the last quarter. Waterloo Capital L.P. lifted its position in shares of Vanguard Growth ETF by 2.7% during the fourth quarter. Waterloo Capital L.P. now owns 823 shares of the company’s stock worth $402,000 after purchasing an additional 22 shares in the last quarter. Kaufman Rossin Wealth LLC boosted its stake in shares of Vanguard Growth ETF by 3.6% in the first quarter. Kaufman Rossin Wealth LLC now owns 631 shares of the company’s stock valued at $276,000 after purchasing an additional 22 shares during the period. Finally, Vermillion Wealth Management Inc. grew its holdings in shares of Vanguard Growth ETF by 3.1% in the first quarter. Vermillion Wealth Management Inc. now owns 765 shares of the company’s stock valued at $334,000 after purchasing an additional 23 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.5%

Shares of VUG opened at $88.87 on Tuesday. The company has a market cap of $229.89 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60. The firm’s 50 day moving average price is $86.14 and its 200 day moving average price is $82.29.

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.