Vanguard Growth ETF $VUG is Merit Financial Group LLC’s Largest Position

Merit Financial Group LLC reduced its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 0.8% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 810,876 shares of the company’s stock after selling 6,577 shares during the quarter. Vanguard Growth ETF accounts for about 3.6% of Merit Financial Group LLC’s investment portfolio, making the stock its largest position. Merit Financial Group LLC owned 0.20% of Vanguard Growth ETF worth $388,904,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Crane Advisory LLC raised its stake in shares of Vanguard Growth ETF by 1.0% during the third quarter. Crane Advisory LLC now owns 171,081 shares of the company’s stock worth $83,233,000 after acquiring an additional 1,651 shares in the last quarter. Fund Evaluation Group LLC purchased a new stake in shares of Vanguard Growth ETF in the 2nd quarter valued at $5,594,000. Geneos Wealth Management Inc. grew its holdings in shares of Vanguard Growth ETF by 26.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 50,831 shares of the company’s stock valued at $22,284,000 after purchasing an additional 10,602 shares during the last quarter. B.O.S.S. Retirement Advisors LLC purchased a new position in Vanguard Growth ETF in the 2nd quarter worth $1,092,000. Finally, Hershey Financial Advisers LLC bought a new stake in Vanguard Growth ETF in the second quarter worth $517,000.

Vanguard Growth ETF Stock Down 0.2%

NYSEARCA VUG opened at $491.69 on Wednesday. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $505.38. The company has a 50-day simple moving average of $488.87 and a two-hundred day simple moving average of $468.96. The firm has a market cap of $199.59 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17.

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.