Vanguard Growth ETF (NYSEARCA:VUG) Sets New 12-Month High – Should You Buy?

Vanguard Growth ETF (NYSEARCA:VUG) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $429.37 and last traded at $428.55, with a volume of 2426 shares changing hands. The stock had previously closed at $427.52.

Vanguard Growth ETF Trading Down 0.5 %

The firm has a 50 day moving average price of $418.90 and a 200-day moving average price of $397.62. The firm has a market cap of $146.56 billion, a PE ratio of 39.58 and a beta of 1.26.

Institutional Investors Weigh In On Vanguard Growth ETF

A number of large investors have recently modified their holdings of the company. Jones Financial Companies Lllp increased its stake in Vanguard Growth ETF by 23.5% in the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after purchasing an additional 5,429,720 shares during the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Growth ETF by 34,615.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after acquiring an additional 5,471,634 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Growth ETF by 2.9% in the fourth quarter. LPL Financial LLC now owns 5,128,614 shares of the company’s stock worth $2,104,988,000 after acquiring an additional 142,346 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Vanguard Growth ETF by 15.3% in the fourth quarter. Wells Fargo & Company MN now owns 3,993,557 shares of the company’s stock worth $1,639,116,000 after acquiring an additional 529,565 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Vanguard Growth ETF by 0.7% in the fourth quarter. Ameriprise Financial Inc. now owns 3,539,318 shares of the company’s stock worth $1,453,526,000 after acquiring an additional 23,605 shares during the last quarter.

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.