Vanguard Growth ETF (NYSEARCA:VUG) Sees Strong Trading Volume

Vanguard Growth ETF (NYSEARCA:VUG) shares saw unusually-strong trading volume on Tuesday . Approximately 1,595,407 shares traded hands during trading, an increase of 54% from the previous session’s volume of 1,037,785 shares.The stock last traded at $334.60 and had previously closed at $334.96.

Vanguard Growth ETF Price Performance

The business’s 50-day moving average price is $339.63 and its 200 day moving average price is $312.63. The firm has a market capitalization of $114.22 billion, a price-to-earnings ratio of 40.31 and a beta of 1.24.

Institutional Trading of Vanguard Growth ETF

Several institutional investors have recently added to or reduced their stakes in VUG. Merit Financial Group LLC boosted its holdings in shares of Vanguard Growth ETF by 1.8% during the third quarter. Merit Financial Group LLC now owns 682,363 shares of the company’s stock valued at $185,814,000 after acquiring an additional 12,224 shares during the period. JPMorgan Chase & Co. lifted its holdings in Vanguard Growth ETF by 14.9% in the third quarter. JPMorgan Chase & Co. now owns 801,455 shares of the company’s stock worth $218,244,000 after purchasing an additional 103,829 shares during the period. Kingswood Wealth Advisors LLC acquired a new stake in Vanguard Growth ETF in the fourth quarter worth about $723,000. Northstar Asset Management LLC lifted its holdings in Vanguard Growth ETF by 1.9% in the third quarter. Northstar Asset Management LLC now owns 24,660 shares of the company’s stock worth $6,715,000 after purchasing an additional 455 shares during the period. Finally, Everett Harris & Co. CA lifted its holdings in Vanguard Growth ETF by 0.8% in the fourth quarter. Everett Harris & Co. CA now owns 56,833 shares of the company’s stock worth $17,668,000 after purchasing an additional 466 shares during the period.

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.