Mystic Asset Management Inc. Increases Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Mystic Asset Management Inc. grew its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 32.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 760 shares of the company’s stock after buying an additional 186 shares during the period. Mystic Asset Management Inc.’s holdings in Vanguard Growth ETF were worth $312,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in VUG. Dopkins Wealth Management LLC boosted its position in Vanguard Growth ETF by 9.1% during the 4th quarter. Dopkins Wealth Management LLC now owns 14,029 shares of the company’s stock worth $5,758,000 after purchasing an additional 1,168 shares during the period. Birnam Oak Advisors LP purchased a new stake in Vanguard Growth ETF during the 4th quarter worth $11,123,000. Axxcess Wealth Management LLC boosted its position in Vanguard Growth ETF by 1.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 6,535 shares of the company’s stock worth $2,682,000 after purchasing an additional 117 shares during the period. Flagship Wealth Advisors LLC purchased a new stake in Vanguard Growth ETF during the 4th quarter worth $16,268,000. Finally, Cassady Schiller Wealth Management LLC boosted its position in Vanguard Growth ETF by 20.5% during the 4th quarter. Cassady Schiller Wealth Management LLC now owns 83,379 shares of the company’s stock worth $34,222,000 after purchasing an additional 14,179 shares during the period.

Vanguard Growth ETF Trading Down 1.6 %

Shares of Vanguard Growth ETF stock opened at $373.34 on Wednesday. The company has a fifty day moving average price of $408.92 and a 200 day moving average price of $401.38. Vanguard Growth ETF has a twelve month low of $321.29 and a twelve month high of $429.11. The stock has a market cap of $370.00 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14.

About Vanguard Growth ETF

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.