Kaydan Wealth Management Inc. Has $4.61 Million Stake in Vanguard Growth ETF $VUG

Kaydan Wealth Management Inc. increased its position in Vanguard Growth ETF (NYSEARCA:VUG) by 503.3% in the 2nd quarter, Holdings Channel reports. The firm owned 53,493 shares of the company’s stock after buying an additional 44,627 shares during the quarter. Vanguard Growth ETF comprises approximately 1.4% of Kaydan Wealth Management Inc.’s investment portfolio, making the stock its 18th biggest position. Kaydan Wealth Management Inc.’s holdings in Vanguard Growth ETF were worth $4,608,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Clark Wealth Partners raised 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 valued at $26,000 after buying an additional 255 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new stake in shares of Vanguard Growth ETF during the 3rd quarter valued at about $26,000. Kentucky Trust Co increased its stake in 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 acquiring an additional 280 shares during the period. Byrne Asset Management LLC increased its stake in Vanguard Growth ETF by 500.0% in the second quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after acquiring an additional 310 shares during the period. Finally, Strategic Wealth Advisors LLC acquired a new position in Vanguard Growth ETF in the fourth quarter worth about $35,000.

Vanguard Growth ETF Stock Down 0.5%

Shares of VUG opened at $88.45 on Friday. The company has a 50-day moving average price of $86.88 and a two-hundred day moving average price of $83.16. The stock has a market cap of $228.81 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60.

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.