MGB Wealth Management LLC Has $3.43 Million Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

MGB Wealth Management LLC increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 8,946 shares of the company’s stock after acquiring an additional 209 shares during the quarter. Vanguard Growth ETF accounts for 1.2% of MGB Wealth Management LLC’s portfolio, making the stock its 10th biggest position. MGB Wealth Management LLC’s holdings in Vanguard Growth ETF were worth $3,427,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of VUG. Perennial Investment Advisors LLC boosted its position in Vanguard Growth ETF by 5.4% in the second quarter. Perennial Investment Advisors LLC now owns 18,644 shares of the company’s stock worth $6,973,000 after purchasing an additional 962 shares during the last quarter. Creative Planning boosted its position in Vanguard Growth ETF by 1.4% in the third quarter. Creative Planning now owns 271,283 shares of the company’s stock worth $104,154,000 after purchasing an additional 3,749 shares during the last quarter. Vanguard Group Inc. boosted its position in Vanguard Growth ETF by 30.8% in the first quarter. Vanguard Group Inc. now owns 111,265 shares of the company’s stock worth $38,297,000 after purchasing an additional 26,169 shares during the last quarter. Park National Corp OH boosted its position in Vanguard Growth ETF by 5.1% in the second quarter. Park National Corp OH now owns 4,639 shares of the company’s stock worth $1,735,000 after purchasing an additional 225 shares during the last quarter. Finally, Apollon Wealth Management LLC boosted its position in Vanguard Growth ETF by 17.1% in the second quarter. Apollon Wealth Management LLC now owns 10,753 shares of the company’s stock worth $4,022,000 after purchasing an additional 1,574 shares during the last quarter.

Vanguard Growth ETF Trading Up 0.0 %

VUG stock opened at $404.03 on Friday. The stock’s fifty day simple moving average is $390.59 and its two-hundred day simple moving average is $374.78. Vanguard Growth ETF has a 1-year low of $294.34 and a 1-year high of $410.94. The stock has a market cap of $139.18 billion, a P/E ratio of 39.58 and a beta of 1.26.

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.