Vanguard Growth ETF (NYSEARCA:VUG) Shares Bought by Principle Wealth Partners LLC

Principle Wealth Partners LLC raised its position in Vanguard Growth ETF (NYSEARCA:VUG) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 118,160 shares of the company’s stock after acquiring an additional 2,698 shares during the period. Vanguard Growth ETF makes up approximately 3.2% of Principle Wealth Partners LLC’s holdings, making the stock its 5th biggest holding. Principle Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $36,733,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of VUG. Opinicus Capital Inc. purchased a new position in shares of Vanguard Growth ETF in the fourth quarter worth $3,554,000. Unique Wealth Strategies LLC purchased a new position in shares of Vanguard Growth ETF in the fourth quarter worth $909,000. Valmark Advisers Inc. raised its holdings in shares of Vanguard Growth ETF by 10.4% in the fourth quarter. Valmark Advisers Inc. now owns 7,427 shares of the company’s stock worth $2,309,000 after buying an additional 699 shares during the last quarter. Addison Advisors LLC raised its holdings in shares of Vanguard Growth ETF by 3.5% in the fourth quarter. Addison Advisors LLC now owns 33,486 shares of the company’s stock worth $10,410,000 after buying an additional 1,135 shares during the last quarter. Finally, Gilliland Jeter Wealth Management LLC purchased a new position in shares of Vanguard Growth ETF in the fourth quarter worth $3,425,000.

Vanguard Growth ETF Trading Up 1.8 %

Shares of NYSEARCA VUG traded up $5.99 during midday trading 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 business’s 50-day simple moving average is $338.87 and its 200 day simple moving average is $315.26. The stock has a market cap of $115.47 billion, a P/E ratio of 40.31 and a beta of 1.24. Vanguard Growth ETF has a 1 year low of $246.26 and a 1 year high of $348.88.

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.