Ocean Park Asset Management LLC Invests $38.51 Million in Vanguard Growth ETF (NYSEARCA:VUG)

Ocean Park Asset Management LLC bought a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the fourth quarter, Holdings Channel.com reports. The fund bought 93,835 shares of the company’s stock, valued at approximately $38,514,000. Vanguard Growth ETF makes up approximately 1.3% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 13th biggest holding.

A number of other large investors have also modified their holdings of the business. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard Growth ETF during the 4th quarter valued at about $28,000. Global Trust Asset Management LLC boosted its position in shares of 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 acquiring an additional 75 shares during the last quarter. Teachers Insurance & Annuity Association of America acquired a new position in shares of Vanguard Growth ETF during the 3rd quarter valued at about $35,000. Rosenberg Matthew Hamilton boosted its position in shares of Vanguard Growth ETF by 494.1% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 101 shares of the company’s stock valued at $39,000 after acquiring an additional 84 shares during the last quarter. Finally, Transcendent Capital Group LLC boosted 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.

Vanguard Growth ETF Price Performance

NYSEARCA VUG opened at $422.73 on Tuesday. The firm’s 50-day moving average is $418.03 and its two-hundred day moving average is $394.23. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $428.69. The stock has a market capitalization of $145.63 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.