Defined Wealth Management LLC Has $8.34 Million Position in Vanguard Growth ETF $VUG

Defined Wealth Management LLC grew its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 495.4% in the second quarter, Holdings Channel reports. The firm owned 96,817 shares of the company’s stock after purchasing an additional 80,556 shares during the period. Vanguard Growth ETF comprises approximately 4.3% of Defined Wealth Management LLC’s holdings, making the stock its 5th biggest position. Defined Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $8,340,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VUG. Clark Wealth Partners boosted its stake in Vanguard Growth ETF by 500.0% during the second quarter. Clark Wealth Partners now owns 306 shares of the company’s stock valued at $26,000 after buying an additional 255 shares during the period. Turning Point Benefit Group Inc. bought a new position in Vanguard Growth ETF in the 3rd quarter worth about $26,000. Kentucky Trust Co raised its holdings in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after acquiring an additional 280 shares in the last quarter. Byrne Asset Management LLC raised its holdings in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after acquiring an additional 310 shares in the last quarter. Finally, Strategic Wealth Advisors LLC bought a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at about $35,000.

Vanguard Growth ETF Trading Down 0.4%

Shares of VUG opened at $89.34 on Friday. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The company has a market cap of $231.11 billion, a PE ratio of 36.22 and a beta of 1.22. The stock has a 50-day moving average price of $86.09 and a 200-day moving average price 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.