Concurrent Investment Advisors LLC Grows Position in Vanguard Growth ETF $VUG

Concurrent Investment Advisors LLC lifted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 15.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,487 shares of the company’s stock after buying an additional 13,257 shares during the quarter. Vanguard Growth ETF makes up approximately 0.8% of Concurrent Investment Advisors LLC’s investment portfolio, making the stock its 15th largest position. Concurrent Investment Advisors LLC’s holdings in Vanguard Growth ETF were worth $43,615,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Legend Financial Advisors Inc. acquired a new position in shares of Vanguard Growth ETF during the 2nd quarter worth approximately $31,000. Allianz SE acquired a new position in shares of Vanguard Growth ETF during the 1st quarter worth approximately $29,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of Vanguard Growth ETF during the 1st quarter worth approximately $29,000. Costello Asset Management INC acquired a new position in shares of Vanguard Growth ETF during the 1st quarter worth approximately $31,000. Finally, Hager Investment Management Services LLC acquired a new position in shares of Vanguard Growth ETF during the 1st quarter worth approximately $31,000.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $470.44 on Friday. The company has a market cap of $190.96 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11. The stock has a 50 day simple moving average of $467.89 and a 200-day simple moving average of $427.68. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $488.51.

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.