Sovereign Financial Group Inc. Has $30.86 Million Stock Position in Vanguard Growth ETF $VUG

Sovereign Financial Group Inc. raised its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 2.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 63,254 shares of the company’s stock after acquiring an additional 1,567 shares during the period. Vanguard Growth ETF makes up about 5.3% of Sovereign Financial Group Inc.’s investment portfolio, making the stock its 2nd largest position. Sovereign Financial Group Inc.’s holdings in Vanguard Growth ETF were worth $30,859,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Sandbox Financial Partners LLC raised its holdings in shares of Vanguard Growth ETF by 4.1% in the 4th quarter. Sandbox Financial Partners LLC now owns 86,195 shares of the company’s stock valued at $42,051,000 after acquiring an additional 3,408 shares in the last quarter. Magnus Financial Group LLC grew its holdings in shares of Vanguard Growth ETF by 2.6% during the fourth quarter. Magnus Financial Group LLC now owns 138,166 shares of the company’s stock worth $67,406,000 after purchasing an additional 3,523 shares in the last quarter. Impact Capital Partners LLC purchased a new position in shares of Vanguard Growth ETF during the fourth quarter worth about $600,000. Henrickson Nauta Wealth Advisors Inc. increased its position in shares of Vanguard Growth ETF by 78.5% in the fourth quarter. Henrickson Nauta Wealth Advisors Inc. now owns 1,180 shares of the company’s stock worth $578,000 after purchasing an additional 519 shares during the last quarter. Finally, Everpar Advisors LLC increased its position in shares of Vanguard Growth ETF by 233.9% in the fourth quarter. Everpar Advisors LLC now owns 5,657 shares of the company’s stock worth $2,760,000 after purchasing an additional 3,963 shares during the last quarter.

Vanguard Growth ETF Price Performance

Shares of VUG opened at $440.30 on Friday. Vanguard Growth ETF has a 1-year low of $316.14 and a 1-year high of $505.38. The company has a market capitalization of $183.66 billion, a P/E ratio of 36.22 and a beta of 1.17. The firm’s 50 day simple moving average is $468.72 and its 200 day simple moving average is $478.77.

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. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.