Krane Financial Solutions LLC Has $8.45 Million Stock Holdings in Vanguard Growth ETF $VUG

Krane Financial Solutions LLC raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 509.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,099 shares of the company’s stock after acquiring an additional 82,004 shares during the quarter. Vanguard Growth ETF makes up approximately 5.2% of Krane Financial Solutions LLC’s holdings, making the stock its 6th biggest position. Krane Financial Solutions LLC’s holdings in Vanguard Growth ETF were worth $8,450,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Clark Wealth Partners boosted its holdings in Vanguard Growth ETF by 500.0% during the second quarter. Clark Wealth Partners now owns 306 shares of the company’s stock worth $26,000 after purchasing an additional 255 shares during the last quarter. Turning Point Benefit Group Inc. bought a new stake in Vanguard Growth ETF during the 3rd quarter worth about $26,000. Kentucky Trust Co boosted its stake in shares of Vanguard Growth ETF by 500.0% during the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock worth $29,000 after buying an additional 280 shares during the last quarter. Byrne Asset Management LLC boosted its stake in shares of 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. Finally, Strategic Wealth Advisors LLC acquired a new position in shares of Vanguard Growth ETF during the 4th quarter worth about $35,000.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG opened at $87.50 on Friday. The business has a 50-day moving average of $86.36 and a 200-day moving average of $82.46. The stock has a market capitalization of $226.35 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week 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.