Sound Income Strategies LLC Grows Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Sound Income Strategies LLC grew its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 71.2% in the second quarter, Holdings Channel.com reports. The firm owned 613 shares of the company’s stock after acquiring an additional 255 shares during the quarter. Sound Income Strategies LLC’s holdings in Vanguard Growth ETF were worth $173,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VUG. Grove Bank & Trust acquired a new stake in shares of Vanguard Growth ETF in the 1st quarter worth $25,000. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of Vanguard Growth ETF during the 1st quarter valued at about $36,000. Column Capital Advisors LLC purchased a new stake in shares of Vanguard Growth ETF in the first quarter valued at about $37,000. Tandem Wealth Advisors LLC acquired a new stake in Vanguard Growth ETF during the fourth quarter worth about $32,000. Finally, Kerntke Otto McGlone Wealth Management Group purchased a new position in Vanguard Growth ETF during the fourth quarter worth about $38,000.

Vanguard Growth ETF Price Performance

NYSEARCA:VUG opened at $283.46 on Friday. The company’s 50-day moving average is $285.24 and its two-hundred day moving average is $265.50. Vanguard Growth ETF has a 1-year low of $203.64 and a 1-year high of $295.07. The firm has a market capitalization of $92.83 billion, a price-to-earnings ratio of 28.60 and a beta of 1.11.

Vanguard Growth ETF 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.