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

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

Vanguard Growth ETF Price Performance

The firm’s 50-day moving average is $418.90 and its 200 day moving average is $397.62. The stock has a market cap of $146.56 billion, a price-to-earnings 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 stock. Wealth Management Strategies Inc. acquired a new position in shares of Vanguard Growth ETF during the fourth quarter worth $24,490,000. Michels Family Financial LLC acquired a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at about $1,198,000. Westfuller Advisors LLC grew its stake in shares of Vanguard Growth ETF by 1,071.3% during the fourth quarter. Westfuller Advisors LLC now owns 13,938 shares of the company’s stock valued at $5,721,000 after acquiring an additional 12,748 shares in the last quarter. Peak Retirement Planning Inc. acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $3,988,000. Finally, Toronto Dominion Bank acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $44,000.

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.