GK Wealth Management LLC Acquires Shares of 10,096 Vanguard Growth ETF $VUG

GK Wealth Management LLC acquired a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,096 shares of the company’s stock, valued at approximately $870,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Turning Point Benefit Group Inc. acquired a new stake in shares of Vanguard Growth ETF in the 3rd quarter worth approximately $26,000. Strategic Wealth Advisors LLC purchased a new stake in Vanguard Growth ETF in the 4th quarter worth approximately $35,000. Garner Asset Management Corp purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at $41,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Vanguard Growth ETF during the 4th quarter valued at about $41,000. Finally, Lifetime Wealth Management P.C. acquired a new position in Vanguard Growth ETF during the fourth quarter worth approximately $44,000.

Vanguard Growth ETF Stock Up 2.3%

VUG stock opened at $89.09 on Wednesday. The company has a market cap of $230.46 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The business has a fifty day simple moving average of $86.06 and a 200-day simple moving average of $81.74. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60.

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.