Sandy Cove Advisors LLC Increases Position in Vanguard Growth ETF $VUG

Sandy Cove Advisors LLC raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 506.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 61,969 shares of the company’s stock after purchasing an additional 51,749 shares during the period. Vanguard Growth ETF accounts for 1.3% of Sandy Cove Advisors LLC’s portfolio, making the stock its 20th largest position. Sandy Cove Advisors LLC’s holdings in Vanguard Growth ETF were worth $5,338,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Bank of America Corp DE grew its stake 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 buying an additional 6,771,524 shares during the last quarter. Valpey Financial Services LLC raised its stake in Vanguard Growth ETF by 46,787.8% during the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock valued at $3,985,228,000 after buying an additional 8,151,373 shares during the last quarter. LPL Financial LLC raised its stake in Vanguard Growth ETF by 0.4% during the fourth quarter. LPL Financial LLC now owns 5,490,898 shares of the company’s stock valued at $2,678,790,000 after buying an additional 24,146 shares during the last quarter. TIAA Trust National Association boosted its holdings in Vanguard Growth ETF by 2.6% in the fourth quarter. TIAA Trust National Association now owns 3,601,607 shares of the company’s stock worth $1,757,086,000 after acquiring an additional 89,760 shares in the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in Vanguard Growth ETF in the fourth quarter worth $1,690,059,000.

Vanguard Growth ETF Trading Up 2.3%

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

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.