Meridian Financial Partners LLC Invests $366,000 in Vanguard Growth ETF (NYSEARCA:VUG)

Meridian Financial Partners LLC bought a new stake in Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, Holdings Channel reports. The firm bought 892 shares of the company’s stock, valued at approximately $366,000.

Other institutional investors have also recently bought and sold shares of the company. Pekin Hardy Strauss Inc. boosted its stake in shares of Vanguard Growth ETF by 1.2% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 2,078 shares of the company’s stock valued at $798,000 after purchasing an additional 25 shares during the last quarter. IFG Advisors LLC raised its stake in shares of Vanguard Growth ETF by 1.3% during the third quarter. IFG Advisors LLC now owns 2,070 shares of the company’s stock worth $795,000 after buying an additional 27 shares during the last quarter. Stockman Wealth Management Inc. lifted its holdings in Vanguard Growth ETF by 2.3% in the third quarter. Stockman Wealth Management Inc. now owns 1,185 shares of the company’s stock valued at $455,000 after buying an additional 27 shares during the period. Rakuten Securities Inc. boosted its stake in Vanguard Growth ETF by 8.5% in the third quarter. Rakuten Securities Inc. now owns 346 shares of the company’s stock valued at $133,000 after acquiring an additional 27 shares during the last quarter. Finally, HBW Advisory Services LLC grew its holdings in Vanguard Growth ETF by 0.8% during the 4th quarter. HBW Advisory Services LLC now owns 3,529 shares of the company’s stock worth $1,448,000 after acquiring an additional 27 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock opened at $403.83 on Wednesday. Vanguard Growth ETF has a 52 week low of $307.85 and a 52 week high of $428.69. The stock has a market capitalization of $139.12 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The firm has a fifty day moving average of $413.12 and a two-hundred day moving average of $389.44.

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.