Veridan Wealth LLC Takes Position in Vanguard Growth ETF (NYSEARCA:VUG)

Veridan Wealth LLC acquired a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,038 shares of the company’s stock, valued at approximately $4,158,000. Vanguard Growth ETF comprises 2.0% of Veridan Wealth LLC’s portfolio, making the stock its 17th largest holding.

Other hedge funds have also recently modified their holdings of the company. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at about $28,000. Human Investing LLC purchased a new position in Vanguard Growth ETF during the fourth quarter worth about $28,000. Cardinal Strategic Wealth Guidance acquired a new stake in Vanguard Growth ETF in the fourth quarter valued at about $33,000. Global Trust Asset Management LLC lifted its position in Vanguard Growth ETF by 1,071.4% in the fourth quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares during the period. Finally, Teachers Insurance & Annuity Association of America purchased a new stake in Vanguard Growth ETF in the 3rd quarter valued at approximately $35,000.

Vanguard Growth ETF Trading Down 2.5 %

NYSEARCA VUG opened at $398.60 on Friday. The business’s 50 day moving average is $417.69 and its two-hundred day moving average is $399.94. The stock has a market capitalization of $386.95 billion, a price-to-earnings ratio of 37.80 and a beta of 1.12. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11.

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.