Vanguard Growth ETF (NYSEARCA:VUG) Reaches New 52-Week High – Here’s What Happened

Vanguard Growth ETF (NYSEARCA:VUG)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $87.26 and last traded at $87.20, with a volume of 2257168 shares trading hands. The stock had previously closed at $86.56.

Vanguard Growth ETF Stock Performance

The company has a 50 day moving average price of $78.21 and a 200 day moving average price of $79.72. The firm has a market cap of $37.25 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

Institutional Investors Weigh In On Vanguard Growth ETF

Several large investors have recently bought and sold shares of VUG. DecisionPoint Financial LLC increased its holdings in Vanguard Growth ETF by 116.0% during the 4th quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock worth $26,000 after purchasing an additional 29 shares during the period. Turning Point Benefit Group Inc. purchased a new stake in Vanguard Growth ETF during the 3rd quarter worth about $26,000. Byrne Asset Management LLC increased its holdings in Vanguard Growth ETF by 520.0% during the 4th quarter. Byrne Asset Management LLC now owns 62 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares during the period. Team Financial Group LLC increased its holdings in Vanguard Growth ETF by 366.7% during the 4th quarter. Team Financial Group LLC now owns 70 shares of the company’s stock worth $34,000 after purchasing an additional 55 shares during the period. Finally, Strategic Wealth Advisors LLC purchased a new stake in Vanguard Growth ETF during the 4th quarter worth about $35,000.

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.