Vanguard Growth ETF (NYSEARCA:VUG) Shares Purchased by LPL Financial LLC

LPL Financial LLC increased its position in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,128,614 shares of the company’s stock after acquiring an additional 142,346 shares during the quarter. Vanguard Growth ETF makes up about 0.9% of LPL Financial LLC’s portfolio, making the stock its 18th biggest holding. LPL Financial LLC owned approximately 1.49% of Vanguard Growth ETF worth $2,104,988,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VUG. Jennison Associates LLC raised its holdings in Vanguard Growth ETF by 219.4% in the 3rd quarter. Jennison Associates LLC now owns 2,590 shares of the company’s stock valued at $994,000 after buying an additional 1,779 shares during the period. First City Capital Management Inc. raised its holdings in Vanguard Growth ETF by 30.3% in the 4th quarter. First City Capital Management Inc. now owns 1,186 shares of the company’s stock valued at $487,000 after buying an additional 276 shares during the period. Principal Financial Group Inc. purchased a new stake in Vanguard Growth ETF in the 4th quarter valued at about $2,232,000. Empowered Funds LLC purchased a new stake in Vanguard Growth ETF in the 4th quarter valued at about $236,000. Finally, Argentarii LLC purchased a new stake in Vanguard Growth ETF in the 4th quarter valued at about $710,000.

Vanguard Growth ETF Trading Up 0.6 %

Shares of VUG opened at $380.36 on Friday. The firm has a market cap of $376.96 billion, a P/E ratio of 35.10 and a beta of 1.14. Vanguard Growth ETF has a 12-month low of $321.29 and a 12-month high of $429.11. The company’s 50-day moving average price is $406.98 and its 200 day moving average price is $401.35.

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.