Canal Capital Management LLC Increases Stock Holdings in Vanguard Growth ETF $VUG

Canal Capital Management LLC increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 611.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,650 shares of the company’s stock after buying an additional 16,029 shares during the quarter. Canal Capital Management LLC’s holdings in Vanguard Growth ETF were worth $1,607,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VUG. Turning Point Benefit Group Inc. purchased a new position in shares of Vanguard Growth ETF during the 3rd quarter worth about $26,000. Kentucky Trust Co grew its holdings in Vanguard Growth ETF by 500.0% in the second quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after purchasing an additional 280 shares during the period. Byrne Asset Management LLC grew its holdings in Vanguard Growth ETF by 500.0% in the second quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after purchasing an additional 310 shares during the period. Strategic Wealth Advisors LLC acquired a new position in Vanguard Growth ETF during the fourth quarter worth approximately $35,000. Finally, Garner Asset Management Corp acquired a new position in Vanguard Growth ETF during the fourth quarter worth approximately $41,000.

Vanguard Growth ETF Stock Down 0.4%

NYSEARCA:VUG opened at $89.34 on Friday. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60. The firm’s 50 day moving average is $86.09 and its two-hundred day moving average is $82.23. The company has a market cap of $231.11 billion, a P/E ratio of 36.22 and a beta of 1.22.

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.