Vanguard Growth ETF (NYSEARCA:VUG) Reaches New 52-Week High – What’s Next?

Vanguard Growth ETF (NYSEARCA:VUG)’s stock price reached 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 Stock Performance

The business has a fifty day simple moving average of $383.70 and a 200 day simple moving average of $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 Trading of Vanguard Growth ETF

A number of hedge funds have recently modified their holdings of VUG. S.A. Mason LLC raised its stake in shares of Vanguard Growth ETF by 1.4% during the 2nd quarter. S.A. Mason LLC now owns 1,928 shares of the company’s stock worth $721,000 after acquiring an additional 27 shares in the last quarter. Brave Asset Management Inc. raised its stake in shares of Vanguard Growth ETF by 4.4% in the 2nd quarter. Brave Asset Management Inc. now owns 645 shares of the company’s stock valued at $241,000 after acquiring an additional 27 shares during the period. IFG Advisors LLC raised its stake in shares of Vanguard Growth ETF by 1.3% in the 3rd quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock valued at $795,000 after acquiring an additional 27 shares during the period. Stockman Wealth Management Inc. raised its stake in shares of Vanguard Growth ETF by 2.3% in the 3rd quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock valued at $455,000 after acquiring an additional 27 shares during the period. Finally, Rakuten Securities Inc. grew its holdings in shares of Vanguard Growth ETF by 8.5% in the third quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock valued at $133,000 after purchasing an additional 27 shares in the last quarter.

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.