Foguth Wealth Management LLC. Acquires New Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Foguth Wealth Management LLC. bought a new position in Vanguard Growth ETF (NYSEARCA:VUG) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 14,171 shares of the company’s stock, valued at approximately $4,878,000. Vanguard Growth ETF makes up approximately 2.6% of Foguth Wealth Management LLC.’s portfolio, making the stock its 10th biggest holding.

A number of other institutional investors have also recently modified their holdings of VUG. Sunbelt Securities Inc. increased its holdings in shares of Vanguard Growth ETF by 0.6% in the 1st quarter. Sunbelt Securities Inc. now owns 5,323 shares of the company’s stock worth $1,832,000 after purchasing an additional 31 shares in the last quarter. West Paces Advisors Inc. raised its position in Vanguard Growth ETF by 8.6% in the 1st quarter. West Paces Advisors Inc. now owns 416 shares of the company’s stock worth $143,000 after buying an additional 33 shares during the last quarter. High Note Wealth LLC lifted its stake in Vanguard Growth ETF by 4.1% during the 4th quarter. High Note Wealth LLC now owns 863 shares of the company’s stock valued at $268,000 after acquiring an additional 34 shares during the period. Interchange Capital Partners LLC boosted its holdings in shares of Vanguard Growth ETF by 1.5% during the 4th quarter. Interchange Capital Partners LLC now owns 2,411 shares of the company’s stock valued at $744,000 after acquiring an additional 35 shares during the last quarter. Finally, First Bancorp Inc ME grew its stake in shares of Vanguard Growth ETF by 1.8% in the fourth quarter. First Bancorp Inc ME now owns 1,951 shares of the company’s stock worth $607,000 after acquiring an additional 35 shares during the period.

Vanguard Growth ETF Trading Down 0.8 %

VUG stock traded down $3.10 on Friday, hitting $374.01. The company had a trading volume of 1,072,842 shares, compared to its average volume of 1,008,061. Vanguard Growth ETF has a 12-month low of $260.65 and a 12-month high of $380.26. The stock has a market cap of $128.84 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The stock’s 50-day simple moving average is $353.93 and its 200 day simple moving average is $337.28.

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.