Meridian Wealth Management LLC Makes New Investment in Vanguard Growth ETF (NYSEARCA:VUG)

Meridian Wealth Management LLC purchased a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the third quarter, according to its most recent filing with the SEC. The firm purchased 55,585 shares of the company’s stock, valued at approximately $21,326,000. Vanguard Growth ETF accounts for about 1.0% of Meridian Wealth Management LLC’s portfolio, making the stock its 14th largest position.

Several other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in Vanguard Growth ETF by 30.8% during the first quarter. Vanguard Group Inc. now owns 111,265 shares of the company’s stock worth $38,297,000 after acquiring an additional 26,169 shares during the last quarter. Kestra Advisory Services LLC boosted its position in Vanguard Growth ETF by 7.3% during the first quarter. Kestra Advisory Services LLC now owns 416,746 shares of the company’s stock worth $143,444,000 after acquiring an additional 28,298 shares during the last quarter. BOKF NA grew its position in shares of Vanguard Growth ETF by 19.4% in the first quarter. BOKF NA now owns 101,276 shares of the company’s stock valued at $34,866,000 after purchasing an additional 16,430 shares during the period. Blue Edge Capital LLC increased its stake in shares of Vanguard Growth ETF by 1.4% during the 1st quarter. Blue Edge Capital LLC now owns 162,946 shares of the company’s stock valued at $56,086,000 after acquiring an additional 2,180 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC boosted its position in shares of Vanguard Growth ETF by 3.7% in the first quarter. Mount Yale Investment Advisors LLC now owns 1,691 shares of the company’s stock worth $582,000 after acquiring an additional 60 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Vanguard Growth ETF stock opened at $403.95 on Friday. The company has a market cap of $139.16 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The firm has a 50 day moving average price of $390.02 and a 200 day moving average price of $374.14. Vanguard Growth ETF has a 1 year low of $294.34 and a 1 year high of $410.94.

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.