Riverbend Wealth Management LLC Buys Shares of 989 Vanguard Growth ETF (NYSEARCA:VUG)

Riverbend Wealth Management LLC purchased a new position in Vanguard Growth ETF (NYSEARCA:VUG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 989 shares of the company’s stock, valued at approximately $406,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VUG. Jones Financial Companies Lllp increased its stake in Vanguard Growth ETF by 23.5% in the fourth quarter. Jones Financial Companies Lllp now owns 28,577,762 shares of the company’s stock valued at $11,729,457,000 after purchasing an additional 5,429,720 shares in the last quarter. Strategic Financial Concepts LLC increased its position in Vanguard Growth ETF by 34,615.3% in the 4th quarter. Strategic Financial Concepts LLC now owns 5,487,441 shares of the company’s stock valued at $2,252,265,000 after buying an additional 5,471,634 shares in the last quarter. LPL Financial LLC increased its position in Vanguard Growth ETF by 0.9% in the 3rd quarter. LPL Financial LLC now owns 4,986,268 shares of the company’s stock valued at $1,914,378,000 after buying an additional 46,171 shares in the last quarter. EP Wealth Advisors LLC raised its stake in Vanguard Growth ETF by 6.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,176,728 shares of the company’s stock worth $1,219,641,000 after buying an additional 194,506 shares during the period. Finally, Mill Creek Capital Advisors LLC boosted its holdings in Vanguard Growth ETF by 0.8% in the third quarter. Mill Creek Capital Advisors LLC now owns 2,685,044 shares of the company’s stock worth $1,030,869,000 after acquiring an additional 21,547 shares in the last quarter.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock opened at $372.90 on Tuesday. Vanguard Growth ETF has a 52 week low of $321.29 and a 52 week high of $429.11. The stock has a 50 day moving average price of $413.57 and a two-hundred day moving average price of $401.39. The stock has a market capitalization of $362.00 billion, a PE ratio of 37.80 and a beta of 1.12.

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.