Kovack Advisors Inc. Increases Stock Position in Vanguard Growth ETF $VUG

Kovack Advisors Inc. increased its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 520.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 126,623 shares of the company’s stock after purchasing an additional 106,208 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Growth ETF were worth $10,910,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Paragon Private Wealth Management LLC raised its stake in Vanguard Growth ETF by 569.9% in the second quarter. Paragon Private Wealth Management LLC now owns 35,610 shares of the company’s stock worth $3,067,000 after buying an additional 30,294 shares in the last quarter. Jim Saulnier & Associates LLC lifted its holdings in Vanguard Growth ETF by 4,522.2% during the second quarter. Jim Saulnier & Associates LLC now owns 37,625 shares of the company’s stock worth $3,241,000 after buying an additional 36,811 shares during the period. Axis Wealth Partners LLC lifted its holdings in Vanguard Growth ETF by 514.7% during the second quarter. Axis Wealth Partners LLC now owns 56,464 shares of the company’s stock worth $4,864,000 after buying an additional 47,278 shares during the period. Argyle Capital Management LLC bought a new stake in Vanguard Growth ETF during the 2nd quarter valued at $234,000. Finally, Duncker Streett & Co. Inc. boosted its position in Vanguard Growth ETF by 500.7% during the 2nd quarter. Duncker Streett & Co. Inc. now owns 1,838 shares of the company’s stock valued at $158,000 after acquiring an additional 1,532 shares in the last quarter.

Vanguard Growth ETF Trading Down 0.4%

Shares of NYSEARCA:VUG opened at $89.34 on Friday. The company has a market capitalization of $231.11 billion, a PE ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60. The business’s fifty day simple moving average is $86.09 and its 200-day simple moving average is $82.23.

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.