Kovack Advisors Inc. Purchases 803 Shares of Vanguard Growth ETF (NYSEARCA:VUG)

Kovack Advisors Inc. raised its position in Vanguard Growth ETF (NYSEARCA:VUG) by 4.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,199 shares of the company’s stock after purchasing an additional 803 shares during the period. Vanguard Growth ETF accounts for 0.7% of Kovack Advisors Inc.’s investment portfolio, making the stock its 26th biggest position. Kovack Advisors Inc.’s holdings in Vanguard Growth ETF were worth $7,469,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VUG. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard Growth ETF during the 4th quarter worth $28,000. Human Investing LLC bought a new stake in shares of Vanguard Growth ETF during the 4th quarter worth $28,000. Cardinal Strategic Wealth Guidance bought a new stake in shares of Vanguard Growth ETF during the 4th quarter worth $33,000. Global Trust Asset Management LLC lifted its holdings 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 worth $34,000 after acquiring an additional 75 shares during the last quarter. Finally, Teachers Insurance & Annuity Association of America bought a new stake in shares of Vanguard Growth ETF during the 3rd quarter worth $35,000.

Vanguard Growth ETF Stock Performance

NYSEARCA VUG opened at $408.87 on Thursday. The company has a market capitalization of $396.92 billion, a P/E ratio of 37.80 and a beta of 1.12. The company has a fifty day moving average of $417.98 and a 200-day moving average of $399.95. Vanguard Growth ETF has a 52-week low of $321.29 and a 52-week high of $429.11.

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.