Merit Financial Group LLC Has $189.15 Million Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Merit Financial Group LLC lowered its position in Vanguard Growth ETF (NYSEARCA:VUG) by 13.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 460,855 shares of the company’s stock after selling 69,308 shares during the quarter. Vanguard Growth ETF accounts for about 3.4% of Merit Financial Group LLC’s investment portfolio, making the stock its biggest position. Merit Financial Group LLC’s holdings in Vanguard Growth ETF were worth $189,153,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Grant GrossMendelsohn LLC raised its stake in shares of Vanguard Growth ETF by 9.3% during the fourth quarter. Grant GrossMendelsohn LLC now owns 2,744 shares of the company’s stock valued at $1,126,000 after purchasing an additional 234 shares in the last quarter. Walker Asset Management LLC increased its stake in Vanguard Growth ETF by 2.3% during the 4th quarter. Walker Asset Management LLC now owns 1,204 shares of the company’s stock valued at $494,000 after buying an additional 27 shares during the period. Relyea Zuckerberg Hanson LLC raised its position in shares of Vanguard Growth ETF by 3.2% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 238,408 shares of the company’s stock worth $97,852,000 after buying an additional 7,395 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of Vanguard Growth ETF by 4.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 28,083 shares of the company’s stock worth $11,527,000 after buying an additional 1,252 shares in the last quarter. Finally, Goldstone Financial Group LLC lifted its stake in shares of Vanguard Growth ETF by 68.4% in the 4th quarter. Goldstone Financial Group LLC now owns 1,302 shares of the company’s stock worth $534,000 after acquiring an additional 529 shares during the period.

Vanguard Growth ETF Price Performance

NYSEARCA VUG opened at $415.91 on Friday. Vanguard Growth ETF has a 12 month low of $312.19 and a 12 month high of $428.69. The firm has a market capitalization of $143.28 billion, a PE ratio of 39.58 and a beta of 1.26. The company’s 50 day simple moving average is $413.48 and its 200 day simple moving average is $389.75.

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.