VANGUARD GROWTH ETF $71.05 (New York symbol VUG; buy or sell through brokers) aims to track the MSCI U.S. Prime Market Growth Index, a broadly diversified index that mainly consists of stocks of large U.S. companies. Its MER is just 0.10%.
The $24.6-billion fund’s top holdings are Apple Inc., IBM, Google, Coca-Cola, Microsoft, Philip Morris International, Oracle Corp., Wal-Mart, Cisco Systems and Qualcomm.
Vanguard Growth ETF is broken down by economic segment as follows: Information Technology (32.3%), Consumer Discretionary (18.0%), Industrials (11.9%), Consumer Staples (11.5%), Health Care (9.5%), Energy (8.1%), Financials (5.0%), Materials (3.1%), Telecommunication Services (0.4%) and Utilities (0.2%).
Vanguard Growth ETF is a buy.