Valeo Financial Advisors LLC Boosts Holdings in Vanguard Growth ETF $VUG

Valeo Financial Advisors LLC grew its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 500.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 122,056 shares of the company’s stock after purchasing an additional 101,721 shares during the period. Valeo Financial Advisors LLC’s holdings in Vanguard Growth ETF were worth $10,514,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Turning Point Benefit Group Inc. bought a new stake in Vanguard Growth ETF during the 3rd quarter valued at approximately $26,000. Byrne Asset Management LLC raised its position in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock worth $32,000 after acquiring an additional 310 shares in the last quarter. Strategic Wealth Advisors LLC bought a new position in shares of Vanguard Growth ETF in the 4th quarter worth approximately $35,000. Garner Asset Management Corp purchased a new position in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $41,000. Finally, Murphy & Mullick Capital Management Corp purchased a new position in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $41,000.

Vanguard Growth ETF Trading Up 0.8%

VUG opened at $89.40 on Friday. The stock has a fifty day simple moving average of $86.06 and a two-hundred day simple moving average of $81.91. The company has a market cap of $231.26 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60.

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.