St. Louis Trust Co Grows Stake in Vanguard Growth ETF $VUG

St. Louis Trust Co raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 500.4% during the second quarter, HoldingsChannel.com reports. The firm owned 116,477 shares of the company’s stock after buying an additional 97,077 shares during the period. Vanguard Growth ETF accounts for 1.0% of St. Louis Trust Co’s portfolio, making the stock its 11th biggest position. St. Louis Trust Co’s holdings in Vanguard Growth ETF were worth $10,033,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Turning Point Benefit Group Inc. purchased a new position in Vanguard Growth ETF during the 3rd quarter worth $26,000. Strategic Wealth Advisors LLC acquired a new position in Vanguard Growth ETF during the 4th quarter valued at about $35,000. Garner Asset Management Corp purchased a new stake in Vanguard Growth ETF in the fourth quarter valued at about $41,000. Murphy & Mullick Capital Management Corp purchased a new stake in Vanguard Growth ETF in the fourth quarter valued at about $41,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in Vanguard Growth ETF in the fourth quarter valued at about $44,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $88.87 on Tuesday. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60. The company has a market cap of $229.89 billion, a PE ratio of 36.22 and a beta of 1.22. The business has a 50-day simple moving average of $86.14 and a two-hundred day simple moving average of $82.29.

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.