Matrix Private Capital Group LLC Makes New Investment in Vanguard Growth ETF $VUG

Matrix Private Capital Group LLC bought a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 40,561 shares of the company’s stock, valued at approximately $17,717,000. Vanguard Growth ETF makes up 8.5% of Matrix Private Capital Group LLC’s portfolio, making the stock its 2nd biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in VUG. DecisionPoint Financial LLC boosted its holdings in Vanguard Growth ETF by 116.0% during the fourth quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock worth $26,000 after purchasing an additional 29 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new stake in Vanguard Growth ETF in the 3rd quarter valued at about $26,000. Team Financial Group LLC increased its stake in Vanguard Growth ETF by 366.7% in the 4th quarter. Team Financial Group LLC now owns 70 shares of the company’s stock valued at $34,000 after buying an additional 55 shares during the last quarter. Strategic Wealth Advisors LLC bought a new position in shares of Vanguard Growth ETF during the 4th quarter worth approximately $35,000. Finally, Nova Wealth Management Inc. lifted its position in shares of Vanguard Growth ETF by 153.1% during the 4th quarter. Nova Wealth Management Inc. now owns 81 shares of the company’s stock worth $40,000 after buying an additional 49 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.4%

Shares of NYSEARCA VUG opened at $83.48 on Friday. The company has a market capitalization of $215.95 billion, a PE ratio of 36.22 and a beta of 1.22. The stock’s 50 day moving average price is $86.41 and its 200-day moving average price is $81.58. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60.

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. 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.