Compass Financial Management LLC Purchases New Stake in Vanguard Growth ETF $VUG

Compass Financial Management LLC acquired a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 47,245 shares of the company’s stock, valued at approximately $4,172,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VUG. Clark Wealth Partners increased its stake in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Clark Wealth Partners now owns 306 shares of the company’s stock worth $26,000 after acquiring an additional 255 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new stake in shares of Vanguard Growth ETF in the third quarter valued at about $26,000. Kentucky Trust Co grew its holdings in shares of Vanguard Growth ETF by 500.0% in the second quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after purchasing an additional 280 shares during the period. Byrne Asset Management LLC increased its position in Vanguard Growth ETF by 500.0% during the second quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock worth $32,000 after purchasing an additional 310 shares during the last quarter. Finally, Strategic Wealth Advisors LLC purchased a new position in Vanguard Growth ETF during the fourth quarter worth about $35,000.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $87.50 on Friday. The company’s 50-day moving average is $86.36 and its two-hundred day moving average is $82.46. Vanguard Growth ETF has a 1-year low of $69.63 and a 1-year high of $90.60. The firm has a market capitalization of $226.35 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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.