Summit Financial Strategies Inc. Has $1.23 Million Stake in Vanguard Growth ETF $VUG

Summit Financial Strategies Inc. grew its position in Vanguard Growth ETF (NYSEARCA:VUG) by 502.2% during the second quarter, HoldingsChannel reports. The firm owned 14,297 shares of the company’s stock after buying an additional 11,923 shares during the period. Summit Financial Strategies Inc.’s holdings in Vanguard Growth ETF were worth $1,232,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Clark Wealth Partners lifted its holdings in Vanguard Growth ETF by 500.0% in the second quarter. Clark Wealth Partners now owns 306 shares of the company’s stock valued at $26,000 after buying an additional 255 shares during the period. Turning Point Benefit Group Inc. bought a new position in shares of Vanguard Growth ETF in the 3rd quarter worth about $26,000. Kentucky Trust Co raised its position in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock worth $29,000 after acquiring an additional 280 shares in the last quarter. Byrne Asset Management LLC lifted its stake in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after purchasing an additional 310 shares during the period. Finally, Field & Main Bank acquired a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at about $39,000.

Vanguard Growth ETF Price Performance

Shares of Vanguard Growth ETF stock opened at $88.12 on Wednesday. The stock’s 50-day moving average is $87.00 and its 200 day moving average is $83.37. Vanguard Growth ETF has a one year low of $69.63 and a one year high of $90.60. The firm has a market cap of $227.95 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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.