K2 Financial Inc. Increases Position in Vanguard Growth ETF $VUG

K2 Financial Inc. boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 509.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,708 shares of the company’s stock after purchasing an additional 27,344 shares during the quarter. Vanguard Growth ETF comprises approximately 9.6% of K2 Financial Inc.’s holdings, making the stock its largest holding. K2 Financial Inc.’s holdings in Vanguard Growth ETF were worth $14,287,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Integrated Capital Management LLC grew its position in shares of Vanguard Growth ETF by 1.9% during the first quarter. Integrated Capital Management LLC now owns 1,136 shares of the company’s stock valued at $496,000 after purchasing an additional 21 shares in the last quarter. Capital Asset Advisory Services LLC lifted its position in shares of Vanguard Growth ETF by 1.4% in the fourth quarter. Capital Asset Advisory Services LLC now owns 1,630 shares of the company’s stock worth $799,000 after buying an additional 22 shares in the last quarter. Ridgecrest Wealth Partners LLC boosted its stake in Vanguard Growth ETF by 3.1% during the fourth quarter. Ridgecrest Wealth Partners LLC now owns 739 shares of the company’s stock valued at $361,000 after buying an additional 22 shares during the last quarter. Prepared Retirement Institute LLC boosted its stake in Vanguard Growth ETF by 0.6% during the fourth quarter. Prepared Retirement Institute LLC now owns 3,739 shares of the company’s stock valued at $1,824,000 after buying an additional 22 shares during the last quarter. Finally, Waterloo Capital L.P. boosted its stake in Vanguard Growth ETF by 2.7% during the fourth quarter. Waterloo Capital L.P. now owns 823 shares of the company’s stock valued at $402,000 after buying an additional 22 shares during the last quarter.

Vanguard Growth ETF Stock Down 1.2%

NYSEARCA VUG traded down $1.08 during trading on Tuesday, hitting $85.60. 2,319,416 shares of the stock traded hands, compared to its average volume of 9,396,816. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The firm has a 50-day simple moving average of $86.15 and a 200-day simple moving average of $81.11. The company has a market capitalization of $221.59 billion, a P/E ratio of 36.22 and a beta of 1.22.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.