Westmount Partners LLC Grows Stake in Vanguard Growth ETF $VUG

Westmount Partners LLC lifted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 416.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 43,134 shares of the company’s stock after buying an additional 34,781 shares during the period. Vanguard Growth ETF comprises about 0.8% of Westmount Partners LLC’s investment portfolio, making the stock its 22nd biggest position. Westmount Partners LLC’s holdings in Vanguard Growth ETF were worth $3,716,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Turning Point Benefit Group Inc. purchased a new position in Vanguard Growth ETF during the third quarter worth about $26,000. Strategic Wealth Advisors LLC purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at about $35,000. Garner Asset Management Corp bought a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at about $41,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at about $41,000. Finally, Lifetime Wealth Management P.C. bought a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at about $44,000.

Vanguard Growth ETF Trading Down 0.1%

Shares of NYSEARCA VUG opened at $88.68 on Friday. The business has a 50-day moving average of $86.06 and a 200-day moving average of $81.85. The firm has a market capitalization of $229.40 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60.

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.