Fonville Wealth Management LLC Raises Stake in Vanguard Growth ETF $VUG

Fonville Wealth Management LLC boosted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,879 shares of the company’s stock after acquiring an additional 237 shares during the period. Vanguard Growth ETF comprises 2.3% of Fonville Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding. Fonville Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $9,156,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VUG. Rosenberg Matthew Hamilton increased its holdings in Vanguard Growth ETF by 21.8% in the second quarter. Rosenberg Matthew Hamilton now owns 123 shares of the company’s stock valued at $54,000 after buying an additional 22 shares during the last quarter. Wells Trecaso Financial Group LLC boosted its position in shares of Vanguard Growth ETF by 2.7% during the 2nd quarter. Wells Trecaso Financial Group LLC now owns 886 shares of the company’s stock worth $388,000 after acquiring an additional 23 shares in the last quarter. Claro Advisors LLC increased its holdings in shares of Vanguard Growth ETF by 0.9% in the 2nd quarter. Claro Advisors LLC now owns 2,730 shares of the company’s stock valued at $1,197,000 after acquiring an additional 24 shares during the last quarter. K2 Financial Inc. increased its holdings in shares of Vanguard Growth ETF by 0.5% in the 2nd quarter. K2 Financial Inc. now owns 5,541 shares of the company’s stock valued at $2,461,000 after acquiring an additional 25 shares during the last quarter. Finally, Crestwood Advisors Group LLC raised its position in shares of Vanguard Growth ETF by 0.5% during the 1st quarter. Crestwood Advisors Group LLC now owns 5,217 shares of the company’s stock worth $1,935,000 after acquiring an additional 26 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.3%

VUG stock opened at $484.48 on Friday. The business has a 50 day moving average price of $480.04 and a 200 day moving average price of $446.71. The stock has a market cap of $196.66 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $505.38.

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.