Western Wealth Management LLC Increases Position in Vanguard Growth ETF $VUG

Western Wealth Management LLC raised its position in Vanguard Growth ETF (NYSEARCA:VUG) by 89.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,467 shares of the company’s stock after acquiring an additional 13,925 shares during the quarter. Western Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $12,871,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in VUG. Turning Point Benefit Group Inc. acquired a new position in Vanguard Growth ETF in the third quarter valued at $26,000. DecisionPoint Financial LLC boosted its position in Vanguard Growth ETF by 116.0% during the fourth quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock worth $26,000 after purchasing an additional 29 shares in the last quarter. Strategic Wealth Advisors LLC acquired a new position in Vanguard Growth ETF during the fourth quarter worth about $35,000. Garner Asset Management Corp acquired a new position in shares of Vanguard Growth ETF during the 4th quarter worth approximately $41,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in shares of Vanguard Growth ETF in the fourth quarter worth $41,000.

Vanguard Growth ETF Stock Performance

VUG stock opened at $84.27 on Friday. The stock has a market capitalization of $217.99 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a one year low of $69.63 and a one year high of $90.60. The company has a 50 day moving average price of $86.10 and a two-hundred day moving average price of $81.63.

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.