Sharpepoint LLC Grows Stake in Vanguard Growth ETF $VUG

Sharpepoint LLC raised its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 507.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,664 shares of the company’s stock after buying an additional 36,474 shares during the quarter. Vanguard Growth ETF comprises 1.9% of Sharpepoint LLC’s investment portfolio, making the stock its 21st largest position. Sharpepoint LLC’s holdings in Vanguard Growth ETF were worth $3,761,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Clark Wealth Partners lifted its stake in Vanguard Growth ETF by 500.0% in the second quarter. Clark Wealth Partners now owns 306 shares of the company’s stock worth $26,000 after acquiring an additional 255 shares during the period. Turning Point Benefit Group Inc. purchased a new position in Vanguard Growth ETF during the 3rd quarter valued at $26,000. Kentucky Trust Co raised its holdings in Vanguard Growth ETF by 500.0% in the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock worth $29,000 after purchasing an additional 280 shares in the last quarter. Byrne Asset Management LLC raised its holdings in Vanguard Growth ETF by 500.0% in the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock worth $32,000 after purchasing an additional 310 shares in the last quarter. Finally, Strategic Wealth Advisors LLC purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter worth about $35,000.

Vanguard Growth ETF Stock Performance

Shares of VUG opened at $89.34 on Monday. Vanguard Growth ETF has a 1-year low of $69.63 and a 1-year high of $90.60. The firm’s 50-day moving average price is $86.09 and its 200-day moving average price is $82.23. The firm has a market capitalization of $231.11 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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.