Sandy Cove Advisors LLC Boosts Stock Holdings in Vanguard Growth ETF $VUG

Sandy Cove Advisors LLC lifted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 506.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,969 shares of the company’s stock after acquiring an additional 51,749 shares during the period. Vanguard Growth ETF makes up approximately 1.3% of Sandy Cove Advisors LLC’s portfolio, making the stock its 20th largest position. Sandy Cove Advisors LLC’s holdings in Vanguard Growth ETF were worth $5,338,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VUG. Brighton Securities CORP. boosted its stake in Vanguard Growth ETF by 522.9% during the 2nd quarter. Brighton Securities CORP. now owns 169,576 shares of the company’s stock valued at $14,607,000 after purchasing an additional 142,351 shares during the last quarter. Arlington Trust Co LLC increased its holdings in shares of Vanguard Growth ETF by 33,900.0% in the 2nd quarter. Arlington Trust Co LLC now owns 3,060 shares of the company’s stock worth $264,000 after purchasing an additional 3,051 shares in the last quarter. Flower City Capital raised its stake in shares of Vanguard Growth ETF by 500.0% in the second quarter. Flower City Capital now owns 7,404 shares of the company’s stock worth $638,000 after purchasing an additional 6,170 shares during the last quarter. Waller Financial Planning Group Inc. raised its stake in shares of Vanguard Growth ETF by 461.6% in the second quarter. Waller Financial Planning Group Inc. now owns 17,775 shares of the company’s stock worth $1,531,000 after purchasing an additional 14,610 shares during the last quarter. Finally, Grove Bank & Trust lifted its holdings in shares of Vanguard Growth ETF by 700.0% during the second quarter. Grove Bank & Trust now owns 800 shares of the company’s stock valued at $69,000 after purchasing an additional 700 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG opened at $89.09 on Wednesday. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The company has a market cap of $230.46 billion, a P/E ratio of 36.22 and a beta of 1.22. The stock’s fifty day moving average price is $86.06 and its 200-day moving average price is $81.74.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.