Grandview Asset Management LLC Takes $3.40 Million Position in Vanguard Growth ETF (NYSEARCA:VUG)

Grandview Asset Management LLC purchased a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 8,272 shares of the company’s stock, valued at approximately $3,395,000. Vanguard Growth ETF makes up 1.2% of Grandview Asset Management LLC’s investment portfolio, making the stock its 17th biggest position.

Several other hedge funds have also recently added to or reduced their stakes in the company. Pekin Hardy Strauss Inc. boosted its holdings in shares of Vanguard Growth ETF by 1.2% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock worth $798,000 after purchasing an additional 25 shares during the last quarter. IFG Advisors LLC boosted its stake in Vanguard Growth ETF by 1.3% during the third quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock worth $795,000 after buying an additional 27 shares during the last quarter. Stockman Wealth Management Inc. grew its holdings in Vanguard Growth ETF by 2.3% in the 3rd quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock valued at $455,000 after buying an additional 27 shares in the last quarter. Rakuten Securities Inc. increased its stake in shares of Vanguard Growth ETF by 8.5% in the 3rd quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock worth $133,000 after acquiring an additional 27 shares during the last quarter. Finally, HBW Advisory Services LLC raised its holdings in shares of Vanguard Growth ETF by 0.8% during the 4th quarter. HBW Advisory Services LLC now owns 3,529 shares of the company’s stock worth $1,448,000 after acquiring an additional 27 shares during the period.

Vanguard Growth ETF Trading Down 0.4 %

Shares of VUG stock opened at $405.52 on Tuesday. Vanguard Growth ETF has a twelve month low of $307.85 and a twelve month high of $428.69. The company’s 50-day moving average price is $412.84 and its 200-day moving average price is $389.23. The stock has a market cap of $139.70 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.