Elevation Point Wealth Partners LLC Grows Stock Holdings in Vanguard Growth ETF $VUG

Elevation Point Wealth Partners LLC boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1,238.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 871,237 shares of the company’s stock after purchasing an additional 806,120 shares during the period. Vanguard Growth ETF makes up 1.4% of Elevation Point Wealth Partners LLC’s portfolio, making the stock its 12th largest position. Elevation Point Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $75,048,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VUG. Bonfire Financial increased its stake in Vanguard Growth ETF by 494.4% in the 2nd quarter. Bonfire Financial now owns 102,807 shares of the company’s stock valued at $8,856,000 after buying an additional 85,512 shares during the period. Canandaigua National Bank & Trust Co. purchased a new stake in shares of Vanguard Growth ETF in the second quarter valued at about $1,635,000. Abound Wealth Management increased its stake in shares of Vanguard Growth ETF by 602.7% during the second quarter. Abound Wealth Management now owns 10,456 shares of the company’s stock worth $901,000 after acquiring an additional 8,968 shares during the period. Calder Financial LLC raised its holdings in Vanguard Growth ETF by 502.0% during the second quarter. Calder Financial LLC now owns 55,893 shares of the company’s stock worth $4,815,000 after purchasing an additional 46,609 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. raised its holdings in Vanguard Growth ETF by 500.1% during the second quarter. BOK Financial Private Wealth Inc. now owns 2,136,784 shares of the company’s stock worth $184,063,000 after purchasing an additional 1,780,703 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.4%

Shares of VUG opened at $87.50 on Friday. The stock’s 50 day moving average is $86.36 and its two-hundred day moving average is $82.46. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60. The firm has a market capitalization of $226.35 billion, a PE ratio of 36.22 and a beta of 1.22.

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.