Vanguard Growth ETF (NYSEARCA:VUG) Stake Raised by Spire Wealth Management

Spire Wealth Management increased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 8.6% in the 4th quarter, Holdings Channel reports. The fund owned 16,391 shares of the company’s stock after purchasing an additional 1,298 shares during the period. Spire Wealth Management’s holdings in Vanguard Growth ETF were worth $5,245,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Financiere des Professionnels Fonds d investissement inc. acquired a new position in shares of Vanguard Growth ETF during the 3rd quarter valued at about $27,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Vanguard Growth ETF during the 4th quarter valued at 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. acquired a new position in shares of Vanguard Growth ETF during the 4th quarter valued at about $30,000. Finally, Orion Capital Management LLC acquired a new position in shares of Vanguard Growth ETF during the 3rd quarter valued at about $35,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG traded up $4.62 during mid-day trading on Monday, reaching $343.61. 770,590 shares of the company traded hands, compared to its average volume of 1,043,821. The stock has a market cap of $118.37 billion, a PE ratio of 39.58 and a beta of 1.26. The company’s fifty day moving average is $338.80 and its two-hundred day moving average is $317.39. Vanguard Growth ETF has a fifty-two week low of $251.44 and a fifty-two week high of $348.88.

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.