Austin Wealth Management LLC Makes New Investment in Vanguard Growth ETF $VUG

Austin Wealth Management LLC bought a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,131 shares of the company’s stock, valued at approximately $1,025,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in VUG. Biltmore Family Office LLC bought a new position in shares of Vanguard Growth ETF in the second quarter valued at approximately $31,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in Vanguard Growth ETF in the 2nd quarter valued at $32,000. Kilter Group LLC bought a new stake in Vanguard Growth ETF during the 2nd quarter valued at approximately $33,000. Anfield Capital Management LLC increased its position in Vanguard Growth ETF by 266.7% in the 2nd quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock worth $34,000 after buying an additional 56 shares during the period. Finally, Friedenthal Financial acquired a new position in shares of Vanguard Growth ETF during the third quarter worth approximately $38,000.

Vanguard Growth ETF Trading Up 2.1%

VUG opened at $468.59 on Friday. The stock has a market capitalization of $195.46 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $505.38. The business has a 50 day moving average of $486.34 and a 200-day moving average of $477.98.

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.