Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by Meritage Portfolio Management

Meritage Portfolio Management raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 3.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,627 shares of the company’s stock after buying an additional 107 shares during the quarter. Meritage Portfolio Management’s holdings in Vanguard Growth ETF were worth $1,489,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of VUG. Decker Retirement Planning Inc. acquired a new position in Vanguard Growth ETF during the 4th quarter valued at about $28,000. Global Trust Asset Management LLC increased its stake in shares of Vanguard Growth ETF by 1,071.4% in the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares during the period. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Vanguard Growth ETF in the third quarter valued at approximately $35,000. Rosenberg Matthew Hamilton raised its holdings in shares of Vanguard Growth ETF by 494.1% during the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after buying an additional 84 shares during the last quarter. Finally, Transcendent Capital Group LLC grew its holdings in Vanguard Growth ETF by 420.8% in the 3rd quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock worth $48,000 after buying an additional 101 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG opened at $420.33 on Thursday. The stock’s 50 day moving average price is $417.20 and its 200 day moving average price is $393.20. The stock has a market cap of $144.80 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $428.69.

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.