91,795 Shares in Vanguard Growth ETF $VUG Bought by M1 Capital Management LLC

M1 Capital Management LLC purchased a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 91,795 shares of the company’s stock, valued at approximately $7,907,000. Vanguard Growth ETF makes up approximately 2.9% of M1 Capital Management LLC’s portfolio, making the stock its 7th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of VUG. Bonfire Financial grew its holdings in shares of Vanguard Growth ETF by 494.4% in the 2nd quarter. Bonfire Financial now owns 102,807 shares of the company’s stock worth $8,856,000 after purchasing an additional 85,512 shares during the last quarter. Canandaigua National Bank & Trust Co. bought a new stake in Vanguard Growth ETF during the second quarter worth about $1,635,000. Abound Wealth Management increased its holdings in shares of Vanguard Growth ETF by 602.7% during the second quarter. Abound Wealth Management now owns 10,456 shares of the company’s stock worth $901,000 after buying an additional 8,968 shares in the last quarter. Calder Financial LLC increased its holdings in shares of Vanguard Growth ETF by 502.0% during the second quarter. Calder Financial LLC now owns 55,893 shares of the company’s stock worth $4,815,000 after buying an additional 46,609 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. raised its stake in shares of Vanguard Growth ETF by 500.1% in the second quarter. BOK Financial Private Wealth Inc. now owns 2,136,784 shares of the company’s stock valued at $184,063,000 after acquiring an additional 1,780,703 shares during the last quarter.

Vanguard Growth ETF Price Performance

Shares of VUG opened at $87.50 on Friday. The company has a market capitalization of $226.35 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a one year low of $69.63 and a one year high of $90.60. The business’s 50 day simple moving average is $86.36 and its 200-day simple moving average is $82.46.

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.