Lodestar Private Asset Management LLC Grows Stake in Vanguard Growth ETF $VUG

Lodestar Private Asset Management LLC grew its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 14.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 11,103 shares of the company’s stock after buying an additional 1,388 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in Vanguard Growth ETF were worth $4,868,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Smallwood Wealth Investment Management LLC purchased a new stake in Vanguard Growth ETF in the 1st quarter worth approximately $29,000. Allianz SE purchased a new stake in Vanguard Growth ETF in the 1st quarter worth approximately $29,000. Hager Investment Management Services LLC purchased a new stake in Vanguard Growth ETF in the 1st quarter worth approximately $31,000. Costello Asset Management INC purchased a new stake in Vanguard Growth ETF in the 1st quarter worth approximately $31,000. Finally, Legend Financial Advisors Inc. purchased a new stake in Vanguard Growth ETF in the 2nd quarter worth approximately $31,000.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $470.44 on Friday. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $488.51. The stock has a 50 day simple moving average of $467.89 and a two-hundred day simple moving average of $427.68. The stock has a market cap of $190.96 billion, a P/E ratio of 36.22 and a beta of 1.11.

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.