Synergy Asset Management LLC Purchases 481 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Synergy Asset Management LLC boosted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 15.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,627 shares of the company’s stock after acquiring an additional 481 shares during the quarter. Synergy Asset Management LLC’s holdings in Vanguard Growth ETF were worth $1,357,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VUG. Defined Wealth Management LLC lifted its holdings in shares of Vanguard Growth ETF by 3.2% during the second quarter. Defined Wealth Management LLC now owns 19,398 shares of the company’s stock valued at $7,255,000 after purchasing an additional 593 shares in the last quarter. Columbia Asset Management raised its position in Vanguard Growth ETF by 21.5% in the 2nd quarter. Columbia Asset Management now owns 6,329 shares of the company’s stock worth $2,367,000 after buying an additional 1,120 shares during the last quarter. Horizon Investment Services LLC lifted its stake in Vanguard Growth ETF by 5.4% during the 2nd quarter. Horizon Investment Services LLC now owns 2,118 shares of the company’s stock valued at $793,000 after acquiring an additional 109 shares during the period. SouthState Corp boosted its holdings in shares of Vanguard Growth ETF by 3,014.8% during the 2nd quarter. SouthState Corp now owns 19,405 shares of the company’s stock valued at $7,258,000 after acquiring an additional 18,782 shares during the last quarter. Finally, Hohimer Wealth Management LLC raised its holdings in shares of Vanguard Growth ETF by 3.7% during the second quarter. Hohimer Wealth Management LLC now owns 28,376 shares of the company’s stock valued at $10,613,000 after purchasing an additional 1,009 shares during the last quarter.

Vanguard Growth ETF Price Performance

Vanguard Growth ETF stock traded down $0.90 during midday trading on Friday, reaching $362.71. 88,969 shares of the company traded hands, compared to its average volume of 1,010,736. Vanguard Growth ETF has a 12 month low of $260.65 and a 12 month high of $392.14. The business has a 50 day moving average of $370.93 and a two-hundred day moving average of $355.28. The firm has a market capitalization of $124.95 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.