Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) Hits New 1-Year High – Should You Buy?

Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $78.43 and last traded at $78.39, with a volume of 1331988 shares traded. The stock had previously closed at $77.99.

Vanguard S&P 500 Growth ETF Trading Up 0.5%

The firm has a market capitalization of $23.96 billion, a price-to-earnings ratio of 31.89 and a beta of 1.15. The firm has a fifty day moving average price of $71.90 and a 200 day moving average price of $73.10.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of VOOG. Align Financial LLC acquired a new position in shares of Vanguard S&P 500 Growth ETF in the 4th quarter worth approximately $55,938,000. Goldman Sachs Group Inc. boosted its holdings in shares of Vanguard S&P 500 Growth ETF by 1,341.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 76,077 shares of the company’s stock worth $33,823,000 after acquiring an additional 70,800 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Vanguard S&P 500 Growth ETF by 11.0% in the 3rd quarter. Bank of America Corp DE now owns 658,120 shares of the company’s stock worth $286,585,000 after acquiring an additional 65,131 shares in the last quarter. FIL Ltd acquired a new position in shares of Vanguard S&P 500 Growth ETF in the 4th quarter worth approximately $27,430,000. Finally, Steffes Financial Ltd. acquired a new position in shares of Vanguard S&P 500 Growth ETF in the 4th quarter worth approximately $21,052,000.

About Vanguard S&P 500 Growth ETF

The Vanguard S&P 500 Growth ETF (VOOG) is an exchange-traded fund that is based on the S&P 500 Growth index. The fund tracks an index of U.S. large-cap growth stocks VOOG was launched on Sep 7, 2010 and is managed by Vanguard.