Canal Capital Management LLC Grows Stock Holdings in Vanguard Growth ETF $VUG

Canal Capital Management LLC lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 611.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 18,650 shares of the company’s stock after buying an additional 16,029 shares during the quarter. Canal Capital Management LLC’s holdings in Vanguard Growth ETF were worth $1,607,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in VUG. Brighton Jones LLC boosted its position in Vanguard Growth ETF by 5.4% during the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after purchasing an additional 870 shares during the period. Jump Financial LLC acquired a new position in shares of Vanguard Growth ETF during the second quarter worth about $1,859,000. Gamco Investors INC. ET AL acquired a new position in shares of Vanguard Growth ETF during the second quarter worth about $320,000. Alliancebernstein L.P. boosted its position in shares of Vanguard Growth ETF by 142.2% in the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock worth $316,894,000 after buying an additional 424,342 shares during the period. Finally, Diversify Advisory Services LLC boosted its position in shares of Vanguard Growth ETF by 3.3% in the second quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock worth $2,279,000 after buying an additional 158 shares during the period.

Vanguard Growth ETF Stock Performance

VUG stock opened at $89.34 on Friday. The firm has a market cap of $231.11 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The stock has a 50-day simple moving average of $86.09 and a 200-day simple moving average of $82.23.

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. 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.