Vanguard Growth ETF $VUG Shares Bought by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC lifted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 12.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 112,259 shares of the company’s stock after purchasing an additional 12,170 shares during the quarter. Vanguard Growth ETF accounts for approximately 8.8% of Summit Financial Wealth Advisors LLC’s portfolio, making the stock its 2nd largest holding. Summit Financial Wealth Advisors LLC’s holdings in Vanguard Growth ETF were worth $49,214,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC increased its holdings in Vanguard Growth ETF by 45,810.0% in the second quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock valued at $4,026,998,000 after buying an additional 9,165,663 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Vanguard Growth ETF by 12.9% in the 1st quarter. Jones Financial Companies Lllp now owns 32,272,101 shares of the company’s stock valued at $11,954,597,000 after purchasing an additional 3,694,339 shares in the last quarter. Bank of America Corp DE boosted its position in Vanguard Growth ETF by 1.8% during the second quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock worth $21,651,256,000 after purchasing an additional 851,110 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Vanguard Growth ETF by 97.7% in the second quarter. Corient Private Wealth LLC now owns 1,228,937 shares of the company’s stock valued at $538,790,000 after purchasing an additional 607,436 shares during the period. Finally, Alliancebernstein L.P. increased its position in shares of Vanguard Growth ETF by 142.2% in the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after buying an additional 424,342 shares in the last quarter.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG opened at $485.26 on Monday. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $505.38. The firm has a market capitalization of $196.98 billion, a price-to-earnings ratio of 36.22 and a beta of 1.17. The business’s 50 day moving average price is $486.90 and its 200-day moving average price is $463.09.

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.