Zega Financial LLC Buys New Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Zega Financial LLC purchased a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the second quarter, HoldingsChannel reports. The institutional investor purchased 1,950 shares of the company’s stock, valued at approximately $729,000.

A number of other institutional investors also recently added to or reduced their stakes in VUG. S.A. Mason LLC increased its position in shares of Vanguard Growth ETF by 1.4% in the 2nd quarter. S.A. Mason LLC now owns 1,928 shares of the company’s stock valued at $721,000 after buying an additional 27 shares in the last quarter. Brave Asset Management Inc. increased its holdings in shares of Vanguard Growth ETF by 4.4% in the second quarter. Brave Asset Management Inc. now owns 645 shares of the company’s stock worth $241,000 after acquiring an additional 27 shares in the last quarter. Sunbelt Securities Inc. raised its position in shares of Vanguard Growth ETF by 0.6% during the first quarter. Sunbelt Securities Inc. now owns 5,323 shares of the company’s stock worth $1,832,000 after purchasing an additional 31 shares during the period. Portside Wealth Group LLC lifted its holdings in shares of Vanguard Growth ETF by 3.5% during the 2nd quarter. Portside Wealth Group LLC now owns 925 shares of the company’s stock valued at $346,000 after purchasing an additional 31 shares in the last quarter. Finally, Iron Gate Global Advisors LLC grew its position in shares of Vanguard Growth ETF by 0.7% in the 1st quarter. Iron Gate Global Advisors LLC now owns 4,666 shares of the company’s stock valued at $1,605,000 after purchasing an additional 32 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of VUG stock opened at $374.27 on Wednesday. Vanguard Growth ETF has a 52 week low of $260.65 and a 52 week high of $392.14. The company’s 50 day moving average price is $368.74 and its two-hundred day moving average price is $357.34. The company has a market capitalization of $128.93 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.