Vanguard Growth ETF (NYSEARCA:VUG) Stake Boosted by Evolution Advisers Inc.

Evolution Advisers Inc. boosted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,577 shares of the company’s stock after purchasing an additional 926 shares during the period. Vanguard Growth ETF accounts for approximately 14.4% of Evolution Advisers Inc.’s portfolio, making the stock its 2nd biggest position. Evolution Advisers Inc.’s holdings in Vanguard Growth ETF were worth $22,484,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Vanguard Growth ETF in the third quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter worth about $27,000. ARK Investment Management LLC increased its holdings in shares of Vanguard Growth ETF by 73.2% during the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after acquiring an additional 41 shares during the last quarter. Arvest Investments Inc. bought a new position in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $30,000. Finally, Orion Capital Management LLC acquired a new stake in Vanguard Growth ETF in the 3rd quarter worth approximately $35,000.

Vanguard Growth ETF Stock Down 0.6 %

VUG stock traded down $2.09 during midday trading on Thursday, hitting $328.98. 945,890 shares of the company traded hands, compared to its average volume of 1,053,518. Vanguard Growth ETF has a twelve month low of $243.76 and a twelve month high of $348.88. The stock has a market capitalization of $113.33 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24. The business has a 50 day simple moving average of $338.83 and a 200-day simple moving average of $314.63.

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.