Aries Wealth Management Acquires 1,029 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Aries Wealth Management raised its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 3.3% during the 2nd quarter, Holdings Channel reports. The firm owned 32,200 shares of the company’s stock after buying an additional 1,029 shares during the quarter. Vanguard Growth ETF makes up about 3.8% of Aries Wealth Management’s holdings, making the stock its 3rd largest holding. Aries Wealth Management’s holdings in Vanguard Growth ETF were worth $12,043,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VUG. Jones Financial Companies Lllp lifted its stake in Vanguard Growth ETF by 7.3% in the 4th quarter. Jones Financial Companies Lllp now owns 19,238,821 shares of the company’s stock worth $5,980,965,000 after purchasing an additional 1,301,935 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Vanguard Growth ETF by 114.2% during the 1st quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock worth $356,673,000 after buying an additional 552,439 shares in the last quarter. Pathstone Holdings LLC acquired a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at $107,753,000. Balentine LLC boosted its stake in shares of Vanguard Growth ETF by 33.7% in the 4th quarter. Balentine LLC now owns 1,220,433 shares of the company’s stock valued at $379,408,000 after buying an additional 307,721 shares during the period. Finally, UBS Group AG grew its position in shares of Vanguard Growth ETF by 3.7% during the fourth quarter. UBS Group AG now owns 5,520,461 shares of the company’s stock worth $1,716,201,000 after buying an additional 196,363 shares in the last quarter.

Vanguard Growth ETF Trading Up 1.1 %

NYSEARCA:VUG traded up $4.28 during mid-day trading on Friday, hitting $377.79. The stock had a trading volume of 727,925 shares, compared to its average volume of 1,017,280. Vanguard Growth ETF has a twelve month low of $260.65 and a twelve month high of $392.14. The company has a market capitalization of $130.14 billion, a PE ratio of 39.58 and a beta of 1.26. The stock has a 50-day simple moving average of $371.62 and a two-hundred day simple moving average of $353.13.

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.