Summit Wealth Partners LLC Acquires 1,550 Shares of Vanguard Growth ETF $VUG

Summit Wealth Partners LLC grew its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 14.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,142 shares of the company’s stock after buying an additional 1,550 shares during the period. Vanguard Growth ETF accounts for about 1.1% of Summit Wealth Partners LLC’s investment portfolio, making the stock its 26th largest position. Summit Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $5,823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Crane Advisory LLC increased its holdings in shares of Vanguard Growth ETF by 1.0% in the 3rd quarter. Crane Advisory LLC now owns 171,081 shares of the company’s stock worth $83,233,000 after buying an additional 1,651 shares during the last quarter. Fund Evaluation Group LLC purchased a new stake in shares of Vanguard Growth ETF in the second quarter worth approximately $5,594,000. Geneos Wealth Management Inc. lifted its stake in shares of Vanguard Growth ETF by 26.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 50,831 shares of the company’s stock worth $22,284,000 after acquiring an additional 10,602 shares during the last quarter. B.O.S.S. Retirement Advisors LLC bought a new position in Vanguard Growth ETF in the 2nd quarter valued at $1,092,000. Finally, Hershey Financial Advisers LLC bought a new position in Vanguard Growth ETF in the 2nd quarter valued at $517,000.

Vanguard Growth ETF Trading Down 0.8%

NYSEARCA:VUG opened at $487.86 on Friday. The company has a market cap of $198.03 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $505.38. The stock has a fifty day simple moving average of $489.06 and a 200-day simple moving average of $469.22.

Vanguard Growth ETF Company 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.