Legacy Wealth Management LLC Increases Stock Position in Vanguard Growth ETF $VUG

Legacy Wealth Management LLC increased its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 488.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 9,198 shares of the company’s stock after purchasing an additional 7,635 shares during the period. Vanguard Growth ETF accounts for 0.0% of Legacy Wealth Management LLC’s investment portfolio, making the stock its 21st largest holding. Legacy Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $792,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Turning Point Benefit Group Inc. bought a new position in shares of Vanguard Growth ETF in the third quarter worth $26,000. Byrne Asset Management LLC raised its stake in shares of Vanguard Growth ETF by 500.0% during the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after purchasing an additional 310 shares during the period. Strategic Wealth Advisors LLC bought a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at $35,000. Garner Asset Management Corp purchased a new stake in Vanguard Growth ETF during the 4th quarter worth about $41,000. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in Vanguard Growth ETF during the 4th quarter worth about $41,000.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA VUG opened at $89.40 on Monday. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The business has a 50-day simple moving average of $86.06 and a two-hundred day simple moving average of $81.91. The company has a market cap of $231.26 billion, a P/E ratio of 36.22 and a beta of 1.22.

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.