Pinnacle Associates Ltd. Has $2 Million Stock Holdings in Vanguard S&P 500 Growth ETF $VOOG

Pinnacle Associates Ltd. grew its stake in shares of Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) by 500.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,270 shares of the company’s stock after purchasing an additional 20,225 shares during the period. Pinnacle Associates Ltd.’s holdings in Vanguard S&P 500 Growth ETF were worth $2,005,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Arista Wealth Management LLC increased its stake in Vanguard S&P 500 Growth ETF by 486.0% in the 2nd quarter. Arista Wealth Management LLC now owns 1,054,603 shares of the company’s stock worth $87,131,000 after purchasing an additional 874,638 shares in the last quarter. Apella Capital LLC lifted its stake in Vanguard S&P 500 Growth ETF by 463.2% during the second quarter. Apella Capital LLC now owns 445,787 shares of the company’s stock valued at $36,448,000 after buying an additional 366,632 shares in the last quarter. Graves Light Lenhart Wealth Inc. lifted its stake in Vanguard S&P 500 Growth ETF by 588.4% during the second quarter. Graves Light Lenhart Wealth Inc. now owns 258,813 shares of the company’s stock valued at $21,383,000 after buying an additional 221,215 shares in the last quarter. Align Financial LLC purchased a new stake in Vanguard S&P 500 Growth ETF during the fourth quarter valued at about $55,938,000. Finally, Cooper Financial Group boosted its holdings in shares of Vanguard S&P 500 Growth ETF by 500.1% in the second quarter. Cooper Financial Group now owns 118,652 shares of the company’s stock worth $9,803,000 after buying an additional 98,881 shares during the period.

Vanguard S&P 500 Growth ETF Price Performance

Shares of VOOG opened at $85.36 on Friday. The company has a 50-day moving average of $82.08 and a two-hundred day moving average of $77.52. The stock has a market cap of $27.15 billion, a price-to-earnings ratio of 31.89 and a beta of 1.17. Vanguard S&P 500 Growth ETF has a one year low of $64.99 and a one year high of $86.14.

Vanguard S&P 500 Growth ETF Profile

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.