Birnam Oak Advisors LP Invests $11.12 Million in Vanguard Growth ETF (NYSEARCA:VUG)

Birnam Oak Advisors LP purchased a new position in Vanguard Growth ETF (NYSEARCA:VUG) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 27,100 shares of the company’s stock, valued at approximately $11,123,000. Vanguard Growth ETF accounts for 5.4% of Birnam Oak Advisors LP’s portfolio, making the stock its 8th biggest position.

Other hedge funds have also recently modified their holdings of the company. Decker Retirement Planning Inc. purchased a new stake in Vanguard Growth ETF during the fourth quarter valued at approximately $28,000. Human Investing LLC purchased a new stake in Vanguard Growth ETF during the fourth quarter valued at approximately $28,000. Cardinal Strategic Wealth Guidance purchased a new stake in Vanguard Growth ETF during the fourth quarter valued at approximately $33,000. Providence First Trust Co purchased a new stake in Vanguard Growth ETF during the fourth quarter valued at approximately $33,000. Finally, Global Trust Asset Management LLC increased its stake in Vanguard Growth ETF by 1,071.4% during the 4th quarter. Global Trust Asset Management LLC now owns 82 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares in the last quarter.

Vanguard Growth ETF Trading Up 0.3 %

Shares of Vanguard Growth ETF stock opened at $379.56 on Tuesday. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11. The firm has a market capitalization of $376.16 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. The firm’s 50 day simple moving average is $409.72 and its two-hundred day simple moving average is $401.39.

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.