Smith Salley Wealth Management Grows Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Smith Salley Wealth Management increased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.8% in the 4th quarter, Holdings Channel reports. The firm owned 5,992 shares of the company’s stock after purchasing an additional 161 shares during the period. Smith Salley Wealth Management’s holdings in Vanguard Growth ETF were worth $2,459,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard Growth ETF during the fourth quarter worth $28,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of Vanguard Growth ETF during the 3rd quarter worth approximately $35,000. Rosenberg Matthew Hamilton increased its holdings in shares of Vanguard Growth ETF by 494.1% in the third quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after purchasing an additional 84 shares during the last quarter. Transcendent Capital Group LLC lifted its position in Vanguard Growth ETF by 420.8% during the third quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock worth $48,000 after buying an additional 101 shares in the last quarter. Finally, Peterson Financial Group Inc. acquired a new position in Vanguard Growth ETF during the third quarter worth $48,000.

Vanguard Growth ETF Stock Up 1.3 %

Shares of VUG opened at $415.91 on Friday. Vanguard Growth ETF has a 52-week low of $312.19 and a 52-week high of $428.69. The stock has a fifty day simple moving average of $413.64 and a two-hundred day simple moving average of $390.03. The company has a market capitalization of $143.28 billion, a PE ratio of 39.58 and a beta of 1.26.

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.