Synergy Investment Management LLC Invests $17.90 Million in Vanguard Growth ETF (NYSEARCA:VUG)

Synergy Investment Management LLC bought a new stake in Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 43,621 shares of the company’s stock, valued at approximately $17,904,000. Vanguard Growth ETF accounts for approximately 7.7% of Synergy Investment Management LLC’s portfolio, making the stock its 2nd biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of VUG. Pekin Hardy Strauss Inc. increased its stake in Vanguard Growth ETF by 1.2% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock worth $798,000 after buying an additional 25 shares during the period. Caitlin John LLC boosted its position in Vanguard Growth ETF by 8.6% in the 4th quarter. Caitlin John LLC now owns 327 shares of the company’s stock valued at $134,000 after buying an additional 26 shares during the last quarter. Schnieders Capital Management LLC grew its stake in shares of Vanguard Growth ETF by 2.1% during the fourth quarter. Schnieders Capital Management LLC now owns 1,241 shares of the company’s stock valued at $509,000 after acquiring an additional 26 shares in the last quarter. WR Wealth Planners LLC increased its position in shares of Vanguard Growth ETF by 2.3% during the fourth quarter. WR Wealth Planners LLC now owns 1,165 shares of the company’s stock worth $478,000 after acquiring an additional 26 shares during the last quarter. Finally, Stockman Wealth Management Inc. lifted its stake in shares of Vanguard Growth ETF by 2.3% in the third quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock worth $455,000 after acquiring an additional 27 shares in the last quarter.

Vanguard Growth ETF Stock Down 2.4 %

VUG stock opened at $395.86 on Tuesday. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11. The stock’s 50 day moving average is $416.96 and its two-hundred day moving average is $400.95. The company has a market capitalization of $384.29 billion, a PE ratio of 37.80 and a beta of 1.12.

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.