Northern Financial Advisors Inc Makes New Investment in Vanguard Growth ETF $VUG

Northern Financial Advisors Inc bought a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 16,324 shares of the company’s stock, valued at approximately $7,831,000. Vanguard Growth ETF makes up 4.1% of Northern Financial Advisors Inc’s investment portfolio, making the stock its 3rd biggest holding.

Other hedge funds have also modified their holdings of the company. Acas LLC grew its holdings in Vanguard Growth ETF by 0.5% during the second quarter. Acas LLC now owns 4,414 shares of the company’s stock valued at $2,043,000 after purchasing an additional 22 shares during the period. Vision Capital Management Inc. raised its holdings in Vanguard Growth ETF by 1.1% in the third quarter. Vision Capital Management Inc. now owns 1,958 shares of the company’s stock worth $939,000 after purchasing an additional 22 shares during the period. Strategic Equity Management boosted its position in shares of Vanguard Growth ETF by 0.3% during the third quarter. Strategic Equity Management now owns 6,552 shares of the company’s stock worth $3,142,000 after purchasing an additional 22 shares in the last quarter. Proathlete Wealth Management LLC grew its holdings in shares of Vanguard Growth ETF by 6.4% in the 3rd quarter. Proathlete Wealth Management LLC now owns 385 shares of the company’s stock valued at $185,000 after buying an additional 23 shares during the period. Finally, Claro Advisors LLC grew its holdings in shares of Vanguard Growth ETF by 0.9% in the 2nd quarter. Claro Advisors LLC now owns 2,730 shares of the company’s stock valued at $1,197,000 after buying an additional 24 shares during the period.

Vanguard Growth ETF Trading Down 0.3%

Shares of Vanguard Growth ETF stock opened at $461.22 on Friday. The stock’s fifty day simple moving average is $481.19 and its 200 day simple moving average is $478.49. The company has a market capitalization of $192.39 billion, a PE ratio of 36.22 and a beta of 1.17. Vanguard Growth ETF has a 12 month low of $316.14 and a 12 month high of $505.38.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.