Vanguard Growth ETF (NYSEARCA:VUG) is Merit Financial Group LLC’s 3rd Largest Position

Merit Financial Group LLC boosted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 691,787 shares of the company’s stock after acquiring an additional 9,424 shares during the period. Vanguard Growth ETF accounts for about 6.5% of Merit Financial Group LLC’s investment portfolio, making the stock its 3rd largest holding. Merit Financial Group LLC’s holdings in Vanguard Growth ETF were worth $215,063,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Stonegate Investment Group LLC lifted its stake in shares of Vanguard Growth ETF by 8.3% in the third quarter. Stonegate Investment Group LLC now owns 3,438 shares of the company’s stock worth $936,000 after buying an additional 263 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Vanguard Growth ETF by 3.1% in the third quarter. Bank of New York Mellon Corp now owns 1,897,748 shares of the company’s stock worth $516,776,000 after buying an additional 56,583 shares in the last quarter. Retirement Planning Group LLC lifted its stake in shares of Vanguard Growth ETF by 2.8% in the third quarter. Retirement Planning Group LLC now owns 6,145 shares of the company’s stock worth $1,673,000 after buying an additional 166 shares in the last quarter. Brown Advisory Inc. lifted its stake in shares of Vanguard Growth ETF by 0.7% in the third quarter. Brown Advisory Inc. now owns 70,149 shares of the company’s stock worth $19,102,000 after buying an additional 459 shares in the last quarter. Finally, Ironwood Wealth Management LLC. lifted its stake in shares of Vanguard Growth ETF by 28.6% in the third quarter. Ironwood Wealth Management LLC. now owns 1,147 shares of the company’s stock worth $312,000 after buying an additional 255 shares in the last quarter.

Vanguard Growth ETF Stock Up 1.7 %

Shares of NYSEARCA VUG traded up $5.80 during midday trading on Friday, hitting $339.00. The stock had a trading volume of 835,970 shares, compared to its average volume of 1,046,997. The business’s 50 day moving average is $338.80 and its 200-day moving average is $316.44. The company has a market cap of $116.78 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 52 week low of $246.28 and a 52 week high of $348.88.

Vanguard Growth ETF Company 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.