Valmark Advisers Inc. Raises Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

Valmark Advisers Inc. boosted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 10.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 7,427 shares of the company’s stock after buying an additional 699 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard Growth ETF were worth $2,309,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. TIAA Trust National Association purchased a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at approximately $918,324,000. EP Wealth Advisors LLC raised its stake in shares of Vanguard Growth ETF by 878.3% in the 3rd quarter. EP Wealth Advisors LLC now owns 2,833,826 shares of the company’s stock valued at $771,679,000 after acquiring an additional 2,544,151 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Vanguard Growth ETF in the 4th quarter valued at approximately $710,519,000. Charles Schwab Investment Management Inc. purchased a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at approximately $212,262,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Vanguard Growth ETF in the 3rd quarter valued at approximately $110,719,000.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock traded up $5.99 on Friday, reaching $335.18. The company had a trading volume of 1,437,363 shares, compared to its average volume of 1,058,254. The firm’s 50 day moving average price is $338.87 and its two-hundred day moving average price is $315.02. The firm has a market cap of $115.47 billion, a PE ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a 52-week low of $246.26 and a 52-week high of $348.88.

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.