Vanguard Growth ETF (NYSEARCA:VUG) Position Boosted by Global Wealth Management LLC

Global Wealth Management LLC raised its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 21.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,062 shares of the company’s stock after buying an additional 191 shares during the period. Vanguard Growth ETF comprises approximately 0.3% of Global Wealth Management LLC’s holdings, making the stock its 23rd largest position. Global Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $436,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VUG. Sanctuary Advisors LLC acquired a new position in shares of Vanguard Growth ETF in the 2nd quarter valued at $270,138,000. Axiom Advisory LLC raised its position in Vanguard Growth ETF by 9.3% during the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock valued at $2,696,912,000 after buying an additional 614,652 shares during the period. Smith Anglin Financial LLC boosted its position in Vanguard Growth ETF by 49,394.9% during the 3rd quarter. Smith Anglin Financial LLC now owns 361,313 shares of the company’s stock worth $138,719,000 after acquiring an additional 360,583 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Vanguard Growth ETF by 26.5% during the third quarter. Captrust Financial Advisors now owns 1,231,708 shares of the company’s stock worth $462,056,000 after purchasing an additional 257,784 shares during the period. Finally, Magnolia Capital Advisors LLC acquired a new position in Vanguard Growth ETF in the 2nd quarter valued at approximately $86,256,000.

Vanguard Growth ETF Stock Up 1.3 %

Shares of NYSEARCA:VUG opened at $415.91 on Monday. The firm has a fifty day moving average of $413.64 and a two-hundred day moving average of $390.10. Vanguard Growth ETF has a 12-month low of $312.19 and a 12-month high of $428.69. The firm has a market capitalization of $143.28 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.