Allworth Financial LP Buys 1,007,068 Shares of Vanguard Growth ETF $VUG

Allworth Financial LP raised its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 504.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,206,562 shares of the company’s stock after buying an additional 1,007,068 shares during the period. Allworth Financial LP’s holdings in Vanguard Growth ETF were worth $103,933,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC increased its position in Vanguard Growth ETF by 5.4% during the 4th quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after purchasing an additional 870 shares during the period. Jump Financial LLC purchased a new stake in shares of Vanguard Growth ETF in the 2nd quarter worth approximately $1,859,000. Gamco Investors INC. ET AL bought a new position in shares of Vanguard Growth ETF during the second quarter valued at approximately $320,000. Alliancebernstein L.P. boosted its stake in shares of Vanguard Growth ETF by 142.2% during the second quarter. Alliancebernstein L.P. now owns 722,843 shares of the company’s stock valued at $316,894,000 after purchasing an additional 424,342 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its holdings in Vanguard Growth ETF by 3.3% during the second quarter. Diversify Advisory Services LLC now owns 4,922 shares of the company’s stock valued at $2,279,000 after buying an additional 158 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG traded down $0.33 during trading hours on Tuesday, reaching $88.12. The company’s stock had a trading volume of 4,852,919 shares, compared to its average volume of 8,638,035. The company has a market capitalization of $227.95 billion, a P/E 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 stock has a 50 day moving average price of $86.96 and a two-hundred day moving average price of $83.29.

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. 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.