Luminvest Wealth Management LLC Grows Holdings in Vanguard Growth ETF $VUG

Luminvest Wealth Management LLC increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 387.5% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 17,590 shares of the company’s stock after purchasing an additional 13,982 shares during the period. Vanguard Growth ETF makes up approximately 0.4% of Luminvest Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. Luminvest Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $1,515,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Turning Point Benefit Group Inc. purchased a new position in shares of Vanguard Growth ETF during the third quarter worth $26,000. Strategic Wealth Advisors LLC purchased a new position in Vanguard Growth ETF during the 4th quarter valued at about $35,000. Garner Asset Management Corp purchased a new position in Vanguard Growth ETF during the 4th quarter valued at about $41,000. Murphy & Mullick Capital Management Corp acquired a new position in Vanguard Growth ETF in the 4th quarter valued at about $41,000. Finally, Lifetime Wealth Management P.C. acquired a new position in Vanguard Growth ETF in the 4th quarter valued at about $44,000.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG opened at $89.34 on Friday. The firm has a market capitalization of $231.11 billion, a PE ratio of 36.22 and a beta of 1.22. 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 is $86.09 and its two-hundred day moving average is $82.23.

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.