Pathway Financial Advisors LLC Raises Stock Holdings in Vanguard Growth ETF $VUG

Pathway Financial Advisors LLC grew its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 482.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,199,589 shares of the company’s stock after acquiring an additional 993,795 shares during the quarter. Vanguard Growth ETF accounts for approximately 12.0% of Pathway Financial Advisors LLC’s holdings, making the stock its 2nd biggest holding. Pathway Financial Advisors LLC’s holdings in Vanguard Growth ETF were worth $102,565,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Turning Point Benefit Group Inc. bought a new position in shares of Vanguard Growth ETF during the 3rd quarter valued at $26,000. Strategic Wealth Advisors LLC purchased a new position in Vanguard Growth ETF in the 4th quarter worth $35,000. Garner Asset Management Corp purchased a new position in Vanguard Growth ETF in the 4th quarter worth $41,000. Murphy & Mullick Capital Management Corp purchased a new stake in Vanguard Growth ETF during the fourth quarter valued at about $41,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in Vanguard Growth ETF during the fourth quarter valued at about $44,000.

Vanguard Growth ETF Trading Up 2.3%

Shares of NYSEARCA:VUG opened at $89.09 on Wednesday. The stock’s 50-day moving average price is $86.06 and its 200-day moving average price is $81.74. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The stock has a market capitalization of $230.46 billion, a P/E ratio of 36.22 and a beta of 1.22.

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. 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.