Meramec Financial Planners LLC Grows Holdings in Vanguard Growth ETF $VUG

Meramec Financial Planners LLC boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 516.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 152,920 shares of the company’s stock after acquiring an additional 128,109 shares during the period. Vanguard Growth ETF accounts for approximately 4.7% of Meramec Financial Planners LLC’s holdings, making the stock its 4th biggest holding. Meramec Financial Planners LLC’s holdings in Vanguard Growth ETF were worth $12,750,000 as of its most recent SEC filing.

A number of other hedge funds have also 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 valued at about $26,000. Clark Wealth Partners lifted its holdings 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 buying an additional 255 shares during the period. Kentucky Trust Co boosted its position in Vanguard Growth ETF by 500.0% during the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after acquiring an additional 280 shares in the last quarter. Byrne Asset Management LLC boosted its position in Vanguard Growth ETF by 500.0% during the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after acquiring an additional 310 shares in the last quarter. Finally, Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard Growth ETF during the 4th quarter worth approximately $35,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG opened at $89.34 on Friday. The firm has a market capitalization of $231.11 billion, a P/E ratio of 36.22 and a beta of 1.22. The stock has a 50 day moving average price of $86.09 and a 200-day moving average price of $82.23. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60.

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.