Vanguard Growth ETF $VUG Stake Boosted by GenWealth Group Inc.

GenWealth Group Inc. boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 503.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 583,351 shares of the company’s stock after buying an additional 486,631 shares during the quarter. Vanguard Growth ETF makes up approximately 7.8% of GenWealth Group Inc.’s portfolio, making the stock its 2nd largest holding. GenWealth Group Inc.’s holdings in Vanguard Growth ETF were worth $50,250,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Turning Point Benefit Group Inc. purchased a new position in Vanguard Growth ETF in the third quarter valued at about $26,000. Kentucky Trust Co grew its position in shares of Vanguard Growth ETF by 500.0% during the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after acquiring an additional 280 shares during the period. Byrne Asset Management LLC increased its stake in shares of Vanguard Growth ETF by 500.0% during the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock worth $32,000 after purchasing an additional 310 shares during the last quarter. Strategic Wealth Advisors LLC purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter worth approximately $35,000. Finally, Garner Asset Management Corp bought a new stake in shares of Vanguard Growth ETF in the 4th quarter worth approximately $41,000.

Vanguard Growth ETF Trading Down 0.7%

NYSEARCA:VUG opened at $88.59 on Wednesday. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60. The firm’s 50 day moving average is $86.01 and its 200 day moving average is $82.05. The stock has a market capitalization of $229.17 billion, a PE ratio of 36.22 and a beta of 1.22.

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.