Kendall Capital Management Has $16.56 Million Stock Holdings in Vanguard Growth ETF $VUG

Kendall Capital Management increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 529.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 192,258 shares of the company’s stock after buying an additional 161,725 shares during the period. Vanguard Growth ETF comprises about 2.8% of Kendall Capital Management’s holdings, making the stock its 6th biggest position. Kendall Capital Management’s holdings in Vanguard Growth ETF were worth $16,561,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Turning Point Benefit Group Inc. bought a new position in shares of Vanguard Growth ETF during the 3rd quarter valued at approximately $26,000. Strategic Wealth Advisors LLC bought a new stake in shares of Vanguard Growth ETF in the 4th quarter worth approximately $35,000. Garner Asset Management Corp bought a new stake in shares of Vanguard Growth ETF in the 4th quarter worth approximately $41,000. Murphy & Mullick Capital Management Corp purchased a new position in Vanguard Growth ETF in the fourth quarter valued at approximately $41,000. Finally, Lifetime Wealth Management P.C. purchased a new position in Vanguard Growth ETF in the fourth quarter valued at approximately $44,000.

Vanguard Growth ETF Trading Up 0.4%

Shares of NYSEARCA VUG opened at $87.50 on Friday. The stock has a fifty day simple moving average of $86.36 and a two-hundred day simple moving average of $82.46. Vanguard Growth ETF has a 1-year low of $69.63 and a 1-year high of $90.60. The firm has a market cap of $226.35 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.