Platform Technology Partners Buys 8,673 Shares of Vanguard Growth ETF $VUG

Platform Technology Partners boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 10.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 94,216 shares of the company’s stock after purchasing an additional 8,673 shares during the period. Vanguard Growth ETF accounts for about 1.3% of Platform Technology Partners’ holdings, making the stock its 18th largest position. Platform Technology Partners’ holdings in Vanguard Growth ETF were worth $8,490,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Bank of America Corp DE boosted its holdings in shares of Vanguard Growth ETF by 14.1% in the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after purchasing an additional 6,771,524 shares during the period. Jones Financial Companies Lllp increased its position in shares of Vanguard Growth ETF by 458.6% during the 2nd quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock valued at $18,137,223,000 after purchasing an additional 179,884,185 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Vanguard Growth ETF by 573.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 58,557,269 shares of the company’s stock valued at $5,043,716,000 after purchasing an additional 49,861,056 shares during the last quarter. EP Wealth Advisors LLC increased its position in shares of Vanguard Growth ETF by 539.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock valued at $2,009,661,000 after purchasing an additional 19,678,907 shares during the last quarter. Finally, Mather Group LLC. raised its holdings in Vanguard Growth ETF by 9.1% during the 3rd quarter. Mather Group LLC. now owns 16,589,261 shares of the company’s stock valued at $1,494,858,000 after buying an additional 1,386,967 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $81.43 on Friday. The stock’s fifty day moving average is $88.79 and its 200 day moving average is $84.04. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $93.00. The firm has a market capitalization of $210.52 billion, a PE ratio of 36.22 and a beta of 1.23.

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.