Vanguard Growth ETF (NYSEARCA:VUG) Sees Large Volume Increase – Time to Buy?

Shares of Vanguard Growth ETF (NYSEARCA:VUG) saw unusually-strong trading volume on Wednesday . Approximately 1,938,879 shares changed hands during mid-day trading, an increase of 39% from the previous session’s volume of 1,391,122 shares.The stock last traded at $412.03 and had previously closed at $403.83.

Vanguard Growth ETF Trading Up 1.3 %

The stock has a market cap of $143.28 billion, a PE ratio of 39.58 and a beta of 1.26. The business has a 50-day moving average price of $413.48 and a 200 day moving average price of $389.75.

Institutional Investors Weigh In On Vanguard Growth ETF

Institutional investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC purchased a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at approximately $270,138,000. Axiom Advisory LLC lifted its position in shares of Vanguard Growth ETF by 9.3% during the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after acquiring an additional 614,652 shares in the last quarter. Retirement Investment Advisors Inc. bought a new position in shares of Vanguard Growth ETF in the second quarter worth $181,622,000. Smith Anglin Financial LLC grew its position in shares of Vanguard Growth ETF by 49,394.9% in the third quarter. Smith Anglin Financial LLC now owns 361,313 shares of the company’s stock valued at $138,719,000 after purchasing an additional 360,583 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Vanguard Growth ETF by 26.5% in the third quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock valued at $462,056,000 after purchasing an additional 257,784 shares in the last quarter.

Vanguard Growth ETF Company 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.