Vanguard Growth ETF (NYSEARCA:VUG) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Growth ETF (NYSEARCA:VUG) shares saw unusually-high trading volume on Wednesday . Approximately 1,938,879 shares traded hands during trading, an increase of 39% from the previous session’s volume of 1,391,122 shares.The stock last traded at $412.03 and had previously closed at $403.83.

Vanguard Growth ETF Price Performance

The company’s 50 day moving average price is $413.12 and its 200 day moving average price is $389.44. The firm has a market capitalization of $142.66 billion, a P/E ratio of 39.58 and a beta of 1.26.

Institutional Investors Weigh In On Vanguard Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in shares of Vanguard Growth ETF in the 4th quarter valued at about $28,000. Teachers Insurance & Annuity Association of America bought a new position in Vanguard Growth ETF in the third quarter valued at approximately $35,000. Rosenberg Matthew Hamilton grew its holdings in Vanguard Growth ETF by 494.1% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock worth $39,000 after acquiring an additional 84 shares during the period. Transcendent Capital Group LLC raised its position in shares of Vanguard Growth ETF by 420.8% during the 3rd quarter. Transcendent Capital Group LLC now owns 125 shares of the company’s stock valued at $48,000 after acquiring an additional 101 shares during the last quarter. Finally, Peterson Financial Group Inc. acquired a new position in shares of Vanguard Growth ETF in the 3rd quarter valued at $48,000.

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.