Thayer Financial L.L.C. Takes $14.90 Million Position in Vanguard Growth ETF $VUG

Thayer Financial L.L.C. bought a new position in Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 30,540 shares of the company’s stock, valued at approximately $14,899,000. Vanguard Growth ETF makes up about 15.7% of Thayer Financial L.L.C.’s investment portfolio, making the stock its biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Turning Point Benefit Group Inc. bought a new stake in Vanguard Growth ETF during the third quarter worth approximately $26,000. Kilter Group LLC bought a new position in shares of Vanguard Growth ETF in the second quarter valued at $33,000. Friedenthal Financial bought a new position in shares of Vanguard Growth ETF in the third quarter valued at $38,000. Ramirez Asset Management Inc. acquired a new stake in shares of Vanguard Growth ETF during the 3rd quarter valued at $38,000. Finally, Family Legacy Financial Solutions LLC acquired a new stake in shares of Vanguard Growth ETF during the 3rd quarter valued at $46,000.

Vanguard Growth ETF Stock Down 1.2%

VUG opened at $441.14 on Wednesday. The firm has a market cap of $184.01 billion, a PE ratio of 36.22 and a beta of 1.17. The business has a fifty day simple moving average of $466.80 and a 200-day simple moving average of $478.63. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $505.38.

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.