Cypress Point Wealth Management LLC Purchases New Position in Vanguard Growth ETF (NYSEARCA:VUG)

Cypress Point Wealth Management LLC bought a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,333 shares of the company’s stock, valued at approximately $958,000.

Several other hedge funds have also modified their holdings of VUG. Jennison Associates LLC lifted its position in shares of Vanguard Growth ETF by 219.4% during the third quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock worth $994,000 after purchasing an additional 1,779 shares in the last quarter. First City Capital Management Inc. grew its stake in shares of Vanguard Growth ETF by 30.3% during the fourth quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after acquiring an additional 276 shares in the last quarter. Creative Planning increased its position in shares of Vanguard Growth ETF by 1.4% during the third quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after acquiring an additional 3,749 shares during the last quarter. Worth Asset Management LLC boosted its holdings in Vanguard Growth ETF by 831.2% in the fourth quarter. Worth Asset Management LLC now owns 25,086 shares of the company’s stock valued at $10,296,000 after purchasing an additional 22,392 shares during the last quarter. Finally, Creekside Partners acquired a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at approximately $365,000.

Vanguard Growth ETF Trading Down 0.5 %

VUG stock opened at $424.02 on Friday. Vanguard Growth ETF has a twelve month low of $317.59 and a twelve month high of $428.69. The company has a market capitalization of $146.07 billion, a P/E ratio of 39.58 and a beta of 1.26. The firm has a 50 day simple moving average of $415.22 and a 200-day simple moving average of $391.34.

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.