Trilogy Capital Inc. Increases Stake in Vanguard Growth ETF
Trilogy Capital Inc. has raised its investment in the Vanguard Growth ETF (NYSEARCA:VUG) by 6.4% during the third quarter of the year, according to reports. Following this increase, Trilogy Capital now holds a total of 3,914 shares of the ETF, having added an additional 235 shares over the quarter. The total value of Trilogy Capital's holdings in Vanguard Growth ETF stood at approximately $1,503,000 at the conclusion of the most recent reporting period.
Additionally, a number of other institutional investors and hedge funds have made adjustments to their positions in the Vanguard Growth ETF recently. For instance, Strategic Financial Concepts LLC significantly enhanced its stake during the second quarter by an astonishing 40,514.9%. As a result, Strategic Financial now possesses 5,542,306 shares of the ETF, valued at around $2,072,878,000, after acquiring an extra 5,528,660 shares in that timeframe.
Other notable changes include Sanctuary Advisors LLC, which entered a new investment in Vanguard Growth ETF worth approximately $270,138,000 in the second quarter. Furthermore, Axiom Advisory LLC increased its position by 9.3% in the third quarter, accumulating 7,251,690 shares with a total value of $2,696,912,000, following an acquisition of an additional 614,652 shares. Cetera Investment Advisers also expanded its holdings by 114.2% during the first quarter, now owning 1,036,238 shares valued at $356,673,000 after acquiring 552,439 shares in the last quarter. Lastly, Retirement Investment Advisors Inc. made a new investment in Vanguard Growth ETF worth about $181,622,000 during the second quarter.
Vanguard Growth ETF Performance Analysis
As for the ETF’s market performance, the shares of Vanguard Growth ETF opened at $393.85. The 50-day moving average for the shares is currently at $377.55, while the 200-day moving average sits at $364.50. With a market capitalization of $135.68 billion, the ETF has a price-to-earnings (PE) ratio of 39.58 and a beta of 1.26. Over the past year, Vanguard Growth ETF has seen a low of $260.65 and a high of $393.85.
Overview of Vanguard Growth ETF
The Vanguard Growth ETF, formerly known as the Vanguard Growth Index Fund, utilizes a passive management approach to track the performance of the MSCI US Prime Market Growth Index. This index represents a broad range of growth stocks from large U.S. companies, offering investors exposure to a diverse selection of high-growth potential firms.
Trilogy, Vanguard, ETF