Traphagen Investment Advisors LLC Makes New $213,000 Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Traphagen Investment Advisors LLC acquired a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 570 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors have also added to or reduced their stakes in VUG. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter worth about $27,000. Keener Financial Planning LLC purchased a new stake in shares of Vanguard Growth ETF in the 1st quarter worth about $29,000. NBT Bank N A NY purchased a new stake in shares of Vanguard Growth ETF in the 1st quarter worth about $30,000. Livelsberger Financial Advisory purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter worth about $33,000. Finally, CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of Vanguard Growth ETF in the 2nd quarter worth about $34,000.

Vanguard Growth ETF Stock Down 1.5 %

Shares of NYSEARCA:VUG traded down $5.56 during midday trading on Thursday, reaching $373.51. The company’s stock had a trading volume of 875,630 shares, compared to its average volume of 1,019,066. The firm has a 50 day moving average of $371.47 and a 200-day moving average of $352.48. The firm has a market capitalization of $128.67 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 12-month low of $260.65 and a 12-month high of $392.14.

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.