MGO One Seven LLC Purchases 460,602 Shares of Vanguard Growth ETF $VUG

MGO One Seven LLC increased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 505.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 551,787 shares of the company’s stock after purchasing an additional 460,602 shares during the quarter. Vanguard Growth ETF accounts for about 0.8% of MGO One Seven LLC’s investment portfolio, making the stock its 24th largest holding. MGO One Seven LLC’s holdings in Vanguard Growth ETF were worth $47,531,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VUG. Turning Point Benefit Group Inc. bought a new position in shares of Vanguard Growth ETF in the 3rd quarter valued at about $26,000. Strategic Wealth Advisors LLC acquired a new position in Vanguard Growth ETF in the fourth quarter valued at approximately $35,000. Garner Asset Management Corp acquired a new position in Vanguard Growth ETF in the fourth quarter valued at approximately $41,000. Murphy & Mullick Capital Management Corp bought a new position in Vanguard Growth ETF in the fourth quarter valued at approximately $41,000. Finally, Lifetime Wealth Management P.C. bought a new position in Vanguard Growth ETF in the fourth quarter valued at approximately $44,000.

Vanguard Growth ETF Stock Performance

VUG opened at $87.86 on Wednesday. The company has a fifty day moving average price of $86.19 and a two-hundred day moving average price of $82.33. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The firm has a market capitalization of $227.28 billion, a PE ratio of 36.22 and a beta of 1.22.

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.