Raab & Moskowitz Asset Management LLC Increases Position in Vanguard Growth ETF $VUG

Raab & Moskowitz Asset Management LLC grew its position in Vanguard Growth ETF (NYSEARCA:VUG) by 628.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,599 shares of the company’s stock after purchasing an additional 50,554 shares during the quarter. Vanguard Growth ETF makes up 1.0% of Raab & Moskowitz Asset Management LLC’s investment portfolio, making the stock its 27th largest position. Raab & Moskowitz Asset Management LLC’s holdings in Vanguard Growth ETF were worth $5,048,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of VUG. Turning Point Benefit Group Inc. purchased a new position in Vanguard Growth ETF in the third quarter valued at $26,000. Kentucky Trust Co raised its stake in Vanguard Growth ETF by 500.0% in the second quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after buying an additional 280 shares in the last quarter. Byrne Asset Management LLC lifted its holdings in Vanguard Growth ETF by 500.0% during the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock worth $32,000 after buying an additional 310 shares during the last quarter. Strategic Wealth Advisors LLC purchased a new stake in Vanguard Growth ETF during the 4th quarter worth about $35,000. Finally, Garner Asset Management Corp purchased a new stake in Vanguard Growth ETF during the 4th quarter worth about $41,000.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $89.34 on Friday. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The stock has a market cap of $231.11 billion, a P/E ratio of 36.22 and a beta of 1.22. The stock has a 50-day simple moving average of $86.09 and a 200-day simple moving average of $82.23.

Vanguard Growth ETF 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.