Silverlake Wealth Management LLC Buys New Stake in Vanguard Growth ETF $VUG

Silverlake Wealth Management LLC purchased a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 1,655 shares of the company’s stock, valued at approximately $726,000.

A number of other institutional investors have also made changes to their positions in VUG. Legend Financial Advisors Inc. bought a new position in Vanguard Growth ETF in the 2nd quarter worth approximately $31,000. Biltmore Family Office LLC acquired a new stake in shares of Vanguard Growth ETF in the second quarter worth $31,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in Vanguard Growth ETF during the second quarter worth $32,000. Kilter Group LLC acquired a new position in Vanguard Growth ETF during the 2nd quarter valued at $33,000. Finally, Anfield Capital Management LLC boosted its holdings in Vanguard Growth ETF by 266.7% in the 2nd quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock valued at $34,000 after purchasing an additional 56 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $485.26 on Friday. The firm’s 50-day moving average is $486.90 and its 200-day moving average is $462.73. The company has a market cap of $196.98 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38.

Vanguard Growth ETF Company 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.