Vanguard Growth ETF (NYSEARCA:VUG) Sets New 52-Week High – Still a Buy?

Vanguard Growth ETF (NYSEARCA:VUG)’s stock price reached a new 52-week high on Friday. The stock traded as high as $91.47 and last traded at $91.5080, with a volume of 446905 shares trading hands. The stock had previously closed at $90.23.

Vanguard Growth ETF Price Performance

The company has a market cap of $235.32 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The business’s 50-day simple moving average is $88.04 and its 200-day simple moving average is $84.83.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Integrated Capital Management LLC lifted its position in shares of Vanguard Growth ETF by 1.9% during the 1st quarter. Integrated Capital Management LLC now owns 1,136 shares of the company’s stock valued at $496,000 after buying an additional 21 shares in the last quarter. Kaufman Rossin Wealth LLC increased its holdings in Vanguard Growth ETF by 3.6% in the 1st quarter. Kaufman Rossin Wealth LLC now owns 631 shares of the company’s stock worth $276,000 after acquiring an additional 22 shares in the last quarter. Vermillion Wealth Management Inc. raised its position in Vanguard Growth ETF by 3.1% during the first quarter. Vermillion Wealth Management Inc. now owns 765 shares of the company’s stock worth $334,000 after acquiring an additional 23 shares during the period. XML Financial LLC raised its position in Vanguard Growth ETF by 2.5% during the first quarter. XML Financial LLC now owns 1,000 shares of the company’s stock worth $437,000 after acquiring an additional 24 shares during the period. Finally, Strategic Advocates LLC raised its position in Vanguard Growth ETF by 0.6% during the fourth quarter. Strategic Advocates LLC now owns 4,702 shares of the company’s stock worth $2,312,000 after acquiring an additional 30 shares during the period.

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.