Formulate Financial LLC Acquires Shares of 2,069 Vanguard Growth ETF $VUG

Formulate Financial LLC acquired a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,069 shares of the company’s stock, valued at approximately $992,000. Vanguard Growth ETF makes up about 1.2% of Formulate Financial LLC’s portfolio, making the stock its 13th largest position.

Several other large investors have also recently made changes to their positions in the business. Brighton Jones LLC grew its stake in shares of Vanguard Growth ETF by 5.4% in 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. Smith Salley Wealth Management grew its position in Vanguard Growth ETF by 17.6% during the 2nd quarter. Smith Salley Wealth Management now owns 6,686 shares of the company’s stock valued at $2,931,000 after purchasing an additional 1,000 shares during the last quarter. Walker Asset Management LLC increased its stake in Vanguard Growth ETF by 12.9% during the 2nd quarter. Walker Asset Management LLC now owns 1,359 shares of the company’s stock valued at $596,000 after purchasing an additional 155 shares in the last quarter. Independence Bank of Kentucky increased its stake in Vanguard Growth ETF by 1.0% during the 2nd quarter. Independence Bank of Kentucky now owns 3,166 shares of the company’s stock valued at $1,388,000 after purchasing an additional 30 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. raised its holdings in Vanguard Growth ETF by 25.2% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 3,477 shares of the company’s stock worth $1,524,000 after buying an additional 700 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $486.78 on Tuesday. The firm’s 50 day moving average price is $486.71 and its 200-day moving average price is $476.21. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38. The company has a market cap of $203.05 billion, a PE ratio of 36.22 and a beta of 1.17.

Vanguard Growth ETF 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. 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.