Vanguard Growth ETF Sees Significant Inflow Amid Market Movements
Increased Demand Highlights Active Trading in Key Components
Looking at recent trends, the Vanguard Growth ETF (Symbol: VUG) has caught attention with a substantial inflow of approximately $2.3 billion. This represents a 1.5% week-over-week increase in outstanding units, rising from 374,350,418 to 379,896,079. Notable stocks within the ETF are also experiencing movements: Advanced Micro Devices Inc (Symbol: AMD) is down about 0.1%, Standard and Poors Global Inc (Symbol: SPGI) is up about 0.1%, and Uber Technologies Inc (Symbol: UBER) has increased by approximately 1.6%. For a detailed look at all holdings, visit the VUG Holdings page »
The performance of VUG over the past year is illustrated in the chart below, which compares it to its 200-day moving average:
Based on the chart, VUG has experienced a low point of $302.34 per share over the past year, with a high of $428.69. Currently, shares last traded at $417.97. Evaluating the recent share price against the 200-day moving average serves as an effective technical analysis tool — find out more about the 200-day moving average ».
Exchange-traded funds (ETFs) function similarly to stocks, but investors buy and sell “units” instead of “shares.” These units can be traded freely like stocks and can also be created or destroyed in response to investor demand. Each week, we closely examine changes in outstanding shares to identify ETFs with significant inflows or outflows. When new units are created, the underlying holdings must be purchased, and conversely, when units are destroyed, these holdings are sold. Thus, large inflows or outflows can directly affect the individual stocks that the ETFs own.
Click here to discover which 9 other ETFs experienced notable inflows »
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.