Independent Financial Group LLC Acquires Shares of 21,006 Vanguard Growth ETF $VUG

Independent Financial Group LLC bought a new stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 21,006 shares of the company’s stock, valued at approximately $9,175,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE lifted its position in Vanguard Growth ETF by 1.7% during the 4th quarter. Bank of America Corp DE now owns 47,877,294 shares of the company’s stock valued at $23,357,417,000 after acquiring an additional 789,696 shares during the period. Valpey Financial Services LLC grew its holdings in Vanguard Growth ETF by 46,787.8% in the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after purchasing an additional 8,151,373 shares during the period. LPL Financial LLC grew its holdings in Vanguard Growth ETF by 0.4% in the fourth quarter. LPL Financial LLC now owns 5,490,898 shares of the company’s stock worth $2,678,790,000 after purchasing an additional 24,146 shares during the period. TIAA Trust National Association increased its stake in shares of Vanguard Growth ETF by 2.6% during the fourth quarter. TIAA Trust National Association now owns 3,601,607 shares of the company’s stock valued at $1,757,086,000 after purchasing an additional 89,760 shares in the last quarter. Finally, EP Wealth Advisors LLC bought a new position in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $1,690,059,000.

Vanguard Growth ETF Stock Performance

VUG stock opened at $86.56 on Friday. The firm has a 50 day moving average price of $86.69 and a 200-day moving average price of $81.44. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60. The firm has a market capitalization of $223.92 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.