PKS Advisory Services LLC Buys New Stake in Vanguard Growth ETF (NYSEARCA:VUG)

PKS Advisory Services LLC purchased a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, HoldingsChannel reports. The fund purchased 1,461 shares of the company’s stock, valued at approximately $600,000.

Other institutional investors have also bought and sold shares of the company. Strategic Financial Concepts LLC lifted its position in Vanguard Growth ETF by 34,615.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock worth $2,252,265,000 after buying an additional 5,471,634 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Vanguard Growth ETF by 23.5% in the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after acquiring an additional 5,429,720 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Growth ETF in the fourth quarter valued at $970,862,000. Lincoln National Corp bought a new stake in shares of Vanguard Growth ETF in the 4th quarter worth about $293,111,000. Finally, Natixis Advisors LLC boosted its stake in shares of Vanguard Growth ETF by 217.1% during the 4th quarter. Natixis Advisors LLC now owns 584,988 shares of the company’s stock worth $240,103,000 after purchasing an additional 400,516 shares during the period.

Vanguard Growth ETF Trading Up 0.6 %

Shares of NYSEARCA:VUG opened at $391.70 on Wednesday. The company has a market capitalization of $388.19 billion, a price-to-earnings ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 12 month low of $321.29 and a 12 month high of $429.11. The firm’s 50-day moving average is $406.41 and its 200 day moving average is $402.05.

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.