Charles Schwab Investment Advisory Inc. Purchases New Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Charles Schwab Investment Advisory Inc. acquired a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 691 shares of the company’s stock, valued at approximately $215,000.

Several other hedge funds have also recently bought and sold shares of VUG. Financiere des Professionnels Fonds d investissement inc. bought a new position in Vanguard Growth ETF in the third quarter valued at about $27,000. Allspring Global Investments Holdings LLC acquired a new position in Vanguard Growth ETF during the 4th quarter worth approximately $27,000. ARK Investment Management LLC lifted its stake in Vanguard Growth ETF by 73.2% in the 4th quarter. ARK Investment Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 41 shares during the last quarter. Arvest Investments Inc. bought a new position in Vanguard Growth ETF in the 4th quarter valued at approximately $30,000. Finally, Orion Capital Management LLC acquired a new stake in Vanguard Growth ETF in the third quarter valued at approximately $35,000.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG traded down $0.19 during midday trading on Tuesday, hitting $343.35. 643,890 shares of the stock were exchanged, compared to its average volume of 1,039,277. The business’s 50-day moving average price is $339.01 and its 200 day moving average price is $318.40. Vanguard Growth ETF has a 12 month low of $251.44 and a 12 month high of $348.88. The stock has a market capitalization of $118.28 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26.

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.