Fonville Wealth Management LLC Acquires 1,083 Shares of Vanguard Growth ETF $VUG

Fonville Wealth Management LLC raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,962 shares of the company’s stock after purchasing an additional 1,083 shares during the quarter. Vanguard Growth ETF accounts for about 2.4% of Fonville Wealth Management LLC’s portfolio, making the stock its 12th largest position. Fonville Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $10,536,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC increased its stake in Vanguard Growth ETF by 5.4% during the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock worth $6,945,000 after acquiring an additional 870 shares during the last quarter. Gradient Investments LLC lifted its stake in shares of Vanguard Growth ETF by 43.4% in the 2nd quarter. Gradient Investments LLC now owns 1,342 shares of the company’s stock valued at $588,000 after purchasing an additional 406 shares during the last quarter. First Bank & Trust bought a new stake in shares of Vanguard Growth ETF in the 2nd quarter valued at approximately $215,000. Fragasso Financial Advisors Inc boosted its holdings in shares of Vanguard Growth ETF by 18.5% in the 2nd quarter. Fragasso Financial Advisors Inc now owns 1,306 shares of the company’s stock worth $573,000 after purchasing an additional 204 shares during the period. Finally, Balefire LLC bought a new position in shares of Vanguard Growth ETF during the 2nd quarter valued at approximately $2,179,000.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $485.13 on Thursday. The stock’s fifty day moving average is $487.58 and its 200 day moving average is $473.57. Vanguard Growth ETF has a fifty-two week low of $316.14 and a fifty-two week high of $505.38. The firm has a market capitalization of $202.36 billion, a PE ratio of 36.22 and a beta of 1.17.

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.