Beacon Bridge Wealth Partners LLC Increases Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Beacon Bridge Wealth Partners LLC increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 7.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,842 shares of the company’s stock after purchasing an additional 2,330 shares during the period. Vanguard Growth ETF makes up approximately 5.4% of Beacon Bridge Wealth Partners LLC’s holdings, making the stock its 3rd biggest position. Beacon Bridge Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $12,549,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its stake in Vanguard Growth ETF by 15.3% during the 4th quarter. Wells Fargo & Company MN now owns 3,993,557 shares of the company’s stock valued at $1,639,116,000 after acquiring an additional 529,565 shares during the period. Ameriprise Financial Inc. lifted its stake in Vanguard Growth ETF by 0.7% during the 4th quarter. Ameriprise Financial Inc. now owns 3,539,318 shares of the company’s stock valued at $1,453,526,000 after acquiring an additional 23,605 shares during the period. EP Wealth Advisors LLC lifted its stake in Vanguard Growth ETF by 1.6% during the 4th quarter. EP Wealth Advisors LLC now owns 3,226,810 shares of the company’s stock valued at $1,324,412,000 after acquiring an additional 50,082 shares during the period. Royal Bank of Canada lifted its stake in Vanguard Growth ETF by 3.2% during the 4th quarter. Royal Bank of Canada now owns 1,982,490 shares of the company’s stock valued at $813,692,000 after acquiring an additional 62,211 shares during the period. Finally, Mariner LLC lifted its stake in Vanguard Growth ETF by 1.2% during the 4th quarter. Mariner LLC now owns 1,651,458 shares of the company’s stock valued at $677,827,000 after acquiring an additional 19,120 shares during the period.

Vanguard Growth ETF Stock Performance

VUG opened at $454.23 on Monday. The stock has a market capitalization of $182.33 billion, a P/E ratio of 36.22 and a beta of 1.11. The company’s 50-day simple moving average is $428.91 and its two-hundred day simple moving average is $404.52. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $455.31.

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.