Meridian Wealth Management LLC Makes New Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Meridian Wealth Management LLC bought a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 55,585 shares of the company’s stock, valued at approximately $21,326,000. Vanguard Growth ETF makes up 1.0% of Meridian Wealth Management LLC’s portfolio, making the stock its 14th biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. New Millennium Group LLC acquired a new position in shares of Vanguard Growth ETF during the second quarter worth $31,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of Vanguard Growth ETF during the second quarter valued at about $34,000. Rosenberg Matthew Hamilton increased its holdings in Vanguard Growth ETF by 494.1% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after purchasing an additional 84 shares during the last quarter. SYM FINANCIAL Corp increased its stake in shares of Vanguard Growth ETF by 37.9% in the second quarter. SYM FINANCIAL Corp now owns 120 shares of the company’s stock worth $45,000 after buying an additional 33 shares during the last quarter. Finally, Peterson Financial Group Inc. acquired a new stake in Vanguard Growth ETF during the third quarter valued at approximately $48,000.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock opened at $403.95 on Friday. The company has a market cap of $139.16 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1 year low of $294.34 and a 1 year high of $410.94. The firm’s 50-day moving average is $390.02 and its 200-day moving average is $374.14.

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.