Formulate Financial LLC Buys 13,145 Shares of Vanguard Growth ETF $VUG

Formulate Financial LLC raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 500.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,774 shares of the company’s stock after buying an additional 13,145 shares during the quarter. Vanguard Growth ETF comprises about 1.4% of Formulate Financial LLC’s investment portfolio, making the stock its 13th biggest holding. Formulate Financial LLC’s holdings in Vanguard Growth ETF were worth $1,359,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp boosted its stake in Vanguard Growth ETF by 458.6% in the 2nd quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock worth $18,137,223,000 after purchasing an additional 179,884,185 shares in the last quarter. Bank of America Corp DE increased its stake in Vanguard Growth ETF by 14.1% during the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock valued at $23,870,057,000 after purchasing an additional 6,771,524 shares in the last quarter. EP Wealth Advisors LLC raised its holdings in Vanguard Growth ETF by 539.0% in the second quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock worth $2,009,661,000 after buying an additional 19,678,907 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard Growth ETF by 513.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,888,180 shares of the company’s stock worth $937,908,000 after buying an additional 9,112,231 shares in the last quarter. Finally, Valpey Financial Services LLC lifted its stake in shares of Vanguard Growth ETF by 46,787.8% in the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after buying an additional 8,151,373 shares in the last quarter.

Vanguard Growth ETF Stock Down 0.5%

NYSEARCA:VUG opened at $88.45 on Friday. The company’s 50 day moving average price is $86.88 and its 200-day moving average price is $83.16. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The stock has a market cap of $228.81 billion, a price-to-earnings 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.