Waverly Advisors LLC Boosts Position in Vanguard Growth ETF $VUG

Waverly Advisors LLC grew its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 4.9% during the first quarter, Holdings Channel reports. The institutional investor owned 773,094 shares of the company’s stock after buying an additional 36,428 shares during the period. Vanguard Growth ETF comprises 2.5% of Waverly Advisors LLC’s holdings, making the stock its 2nd biggest position. Waverly Advisors LLC’s holdings in Vanguard Growth ETF were worth $337,680,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in VUG. Turning Point Benefit Group Inc. bought a new stake in shares of Vanguard Growth ETF during the 3rd quarter valued at $26,000. DecisionPoint Financial LLC increased its stake in Vanguard Growth ETF by 116.0% in the 4th quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock worth $26,000 after buying an additional 29 shares in the last quarter. Team Financial Group LLC increased its stake in Vanguard Growth ETF by 366.7% in the 4th quarter. Team Financial Group LLC now owns 70 shares of the company’s stock worth $34,000 after buying an additional 55 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new stake in Vanguard Growth ETF in the 4th quarter worth $35,000. Finally, Nova Wealth Management Inc. raised its holdings in Vanguard Growth ETF by 153.1% during the fourth quarter. Nova Wealth Management Inc. now owns 81 shares of the company’s stock valued at $40,000 after acquiring an additional 49 shares during the period.

Vanguard Growth ETF Stock Down 0.4%

Shares of Vanguard Growth ETF stock opened at $83.48 on Friday. The stock’s 50-day simple moving average is $86.41 and its 200-day simple moving average is $81.58. Vanguard Growth ETF has a 52 week low of $69.63 and a 52 week high of $90.60. The company has a market capitalization of $215.95 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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. 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.