Anchor Investment Management LLC Grows Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Anchor Investment Management LLC increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 8.7% in the third quarter, HoldingsChannel.com reports. The firm owned 4,747 shares of the company’s stock after buying an additional 379 shares during the period. Anchor Investment Management LLC’s holdings in Vanguard Growth ETF were worth $1,823,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC lifted its stake in Vanguard Growth ETF by 40,514.9% during the second quarter. Strategic Financial Concepts LLC now owns 5,542,306 shares of the company’s stock worth $2,072,878,000 after purchasing an additional 5,528,660 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Vanguard Growth ETF in the 2nd quarter valued at $270,138,000. Axiom Advisory LLC raised its holdings in shares of Vanguard Growth ETF by 9.3% in the 3rd quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock valued at $2,696,912,000 after buying an additional 614,652 shares during the period. Retirement Investment Advisors Inc. acquired a new position in Vanguard Growth ETF during the 2nd quarter worth about $181,622,000. Finally, Liberty Wealth Management LLC boosted its holdings in Vanguard Growth ETF by 7,952.8% during the 2nd quarter. Liberty Wealth Management LLC now owns 436,544 shares of the company’s stock valued at $163,272,000 after acquiring an additional 431,123 shares during the period.

Vanguard Growth ETF Price Performance

Shares of NYSEARCA:VUG opened at $424.33 on Friday. The firm has a market capitalization of $146.18 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1 year low of $300.28 and a 1 year high of $427.45. The firm’s 50-day moving average is $399.61 and its two-hundred day moving average is $380.76.

Vanguard Growth ETF Company 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.