Vanguard Growth ETF (NYSEARCA:VUG) Reaches New 52-Week High – Still a Buy?

Vanguard Growth ETF (NYSEARCA:VUG)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $409.52 and last traded at $408.54, with a volume of 157034 shares. The stock had previously closed at $408.51.

Vanguard Growth ETF Trading Up 0.1 %

The company’s fifty day moving average is $383.70 and its 200 day moving average is $370.75. The company has a market cap of $140.83 billion, a P/E ratio of 39.58 and a beta of 1.26.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Strategic Financial Concepts LLC increased its stake in Vanguard Growth ETF by 40,514.9% during the 2nd quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock valued at $2,072,878,000 after purchasing an additional 5,528,660 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Vanguard Growth ETF in the second quarter worth $270,138,000. Axiom Advisory LLC increased its position in Vanguard Growth ETF by 9.3% in the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after purchasing an additional 614,652 shares during the last quarter. Cetera Investment Advisers increased its position in Vanguard Growth ETF by 114.2% in the first quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock worth $356,673,000 after purchasing an additional 552,439 shares during the last quarter. Finally, Retirement Investment Advisors Inc. bought a new position in Vanguard Growth ETF during the second quarter valued at $181,622,000.

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.