Savvy Advisors Inc. Increases Stock Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Savvy Advisors Inc. boosted its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 49.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,850 shares of the company’s stock after acquiring an additional 2,944 shares during the period. Vanguard Growth ETF accounts for about 0.7% of Savvy Advisors Inc.’s holdings, making the stock its 26th biggest position. Savvy Advisors Inc.’s holdings in Vanguard Growth ETF were worth $3,398,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Strategic Financial Concepts LLC grew its position 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 buying an additional 5,528,660 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Vanguard Growth ETF during the 2nd quarter valued at about $270,138,000. Axiom Advisory LLC grew its holdings in shares of Vanguard Growth ETF by 9.3% during the third quarter. Axiom Advisory LLC now owns 7,251,690 shares of the company’s stock worth $2,696,912,000 after purchasing an additional 614,652 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Vanguard Growth ETF by 114.2% in the first quarter. Cetera Investment Advisers now owns 1,036,238 shares of the company’s stock worth $356,673,000 after purchasing an additional 552,439 shares during the last quarter. Finally, Retirement Investment Advisors Inc. purchased a new stake in Vanguard Growth ETF in the second quarter valued at approximately $181,622,000.

Vanguard Growth ETF Price Performance

VUG stock opened at $409.38 on Tuesday. The firm has a 50 day simple moving average of $383.70 and a two-hundred day simple moving average of $370.75. The stock has a market cap of $141.03 billion, a PE ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a one year low of $286.45 and a one year high of $409.50.

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.