Aries Wealth Management Increases Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Aries Wealth Management increased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 1.0% during the 1st quarter, HoldingsChannel reports. The firm owned 37,475 shares of the company’s stock after buying an additional 389 shares during the period. Vanguard Growth ETF accounts for approximately 3.8% of Aries Wealth Management’s portfolio, making the stock its 2nd largest position. Aries Wealth Management’s holdings in Vanguard Growth ETF were worth $13,896,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Accredited Wealth Management LLC bought a new position in Vanguard Growth ETF during the fourth quarter valued at $26,000. Human Investing LLC bought a new position in Vanguard Growth ETF during the fourth quarter valued at $28,000. Prudent Man Investment Management Inc. bought a new position in Vanguard Growth ETF during the fourth quarter valued at $30,000. Providence First Trust Co bought a new position in Vanguard Growth ETF during the fourth quarter valued at $33,000. Finally, Putney Financial Group LLC bought a new position in Vanguard Growth ETF during the fourth quarter valued at $37,000.

Vanguard Growth ETF Stock Down 1.4%

VUG stock opened at $418.33 on Friday. Vanguard Growth ETF has a twelve month low of $316.14 and a twelve month high of $429.11. The stock has a market capitalization of $414.59 billion, a price-to-earnings ratio of 36.72 and a beta of 1.18. The firm’s fifty day simple moving average is $391.36 and its two-hundred day simple moving average is $400.53.

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.