Vanguard Growth ETF $VUG Shares Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC lifted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1,238.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 871,237 shares of the company’s stock after purchasing an additional 806,120 shares during the quarter. Vanguard Growth ETF comprises about 1.4% of Elevation Point Wealth Partners LLC’s holdings, making the stock its 12th biggest holding. Elevation Point Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $75,048,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in VUG. EP Wealth Advisors LLC grew its stake in shares of Vanguard Growth ETF by 539.0% in the second quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock worth $2,009,661,000 after acquiring an additional 19,678,907 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Growth ETF by 513.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,888,180 shares of the company’s stock valued at $937,908,000 after acquiring an additional 9,112,231 shares during the last quarter. Valpey Financial Services LLC raised its holdings in Vanguard Growth ETF by 46,787.8% during the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after purchasing an additional 8,151,373 shares in the last quarter. Bank of America Corp DE raised its stake in Vanguard Growth ETF by 14.1% during the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after acquiring an additional 6,771,524 shares in the last quarter. Finally, Lincoln National Corp increased its position in shares of Vanguard Growth ETF by 466.3% during the second quarter. Lincoln National Corp now owns 4,071,643 shares of the company’s stock worth $350,731,000 after purchasing an additional 3,352,590 shares in the last quarter.

Vanguard Growth ETF Stock Up 0.4%

VUG opened at $87.50 on Friday. The business’s 50 day moving average is $86.36 and its two-hundred day moving average is $82.46. The firm has a market cap of $226.35 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week 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.