Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by Absolute Capital Management LLC

Absolute Capital Management LLC lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 6.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,346 shares of the company’s stock after purchasing an additional 144 shares during the period. Absolute Capital Management LLC’s holdings in Vanguard Growth ETF were worth $729,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financiere des Professionnels Fonds d investissement inc. purchased a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $27,000. ARK Investment Management LLC increased its position in shares of Vanguard Growth ETF by 73.2% in the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 41 shares during the last quarter. Arvest Investments Inc. purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $30,000. Finally, Orion Capital Management LLC purchased a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at approximately $35,000.

Vanguard Growth ETF Trading Up 1.8 %

Shares of NYSEARCA:VUG opened at $335.18 on Friday. Vanguard Growth ETF has a 52 week low of $246.26 and a 52 week high of $348.88. The company’s 50 day moving average is $338.87 and its two-hundred day moving average is $315.26. The company has a market cap of $115.47 billion, a PE ratio of 40.31 and a beta of 1.24.

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.