Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by Cannon Financial Strategists Inc.

Cannon Financial Strategists Inc. increased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 66,426 shares of the company’s stock after acquiring an additional 1,507 shares during the quarter. Vanguard Growth ETF makes up 4.7% of Cannon Financial Strategists Inc.’s portfolio, making the stock its 6th biggest holding. Cannon Financial Strategists Inc.’s holdings in Vanguard Growth ETF were worth $27,264,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Decker Retirement Planning Inc. acquired a new stake in Vanguard Growth ETF during the fourth quarter worth about $28,000. Human Investing LLC acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at about $28,000. Cardinal Strategic Wealth Guidance acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at about $33,000. Global Trust Asset Management LLC increased its position in shares of Vanguard Growth ETF by 1,071.4% during the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares during the last quarter. Finally, Teachers Insurance & Annuity Association of America acquired a new stake in shares of Vanguard Growth ETF during the third quarter valued at about $35,000.

Vanguard Growth ETF Price Performance

Shares of VUG opened at $427.50 on Wednesday. Vanguard Growth ETF has a 1-year low of $321.29 and a 1-year high of $429.11. The stock has a market cap of $147.27 billion, a PE ratio of 39.58 and a beta of 1.26. The firm has a 50-day simple moving average of $418.89 and a two-hundred day simple moving average of $397.41.

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.