Vanguard Growth ETF $VUG Stock: IFP Advisors Inc Raises Stake

IFP Advisors Inc increased its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 29.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 962,543 shares of the company’s stock after buying an additional 219,562 shares during the quarter. Vanguard Growth ETF comprises approximately 1.5% of IFP Advisors Inc’s holdings, making the stock its 5th largest position. IFP Advisors Inc’s holdings in Vanguard Growth ETF were worth $86,735,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in VUG. Jones Financial Companies Lllp lifted its stake in Vanguard Growth ETF by 458.6% in the second quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock valued at $18,137,223,000 after buying an additional 179,884,185 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Growth ETF by 573.4% during the second quarter. Envestnet Asset Management Inc. now owns 58,557,269 shares of the company’s stock valued at $5,043,716,000 after acquiring an additional 49,861,056 shares during the period. Bank of America Corp DE grew its position in shares of Vanguard Growth ETF by 14.1% during the first quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after acquiring an additional 6,771,524 shares during the last quarter. EP Wealth Advisors LLC grew its position in shares of Vanguard Growth ETF by 539.0% during the second quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock worth $2,009,661,000 after acquiring an additional 19,678,907 shares during the last quarter. Finally, Mather Group LLC. grew its position in shares of Vanguard Growth ETF by 9.1% during the third quarter. Mather Group LLC. now owns 16,589,261 shares of the company’s stock worth $1,494,858,000 after acquiring an additional 1,386,967 shares during the last quarter.

Vanguard Growth ETF Stock Down 2.1%

VUG stock opened at $87.93 on Friday. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $93.00. The firm’s 50-day simple moving average is $89.20 and its 200 day simple moving average is $86.07. The stock has a market cap of $227.33 billion, a PE ratio of 36.22 and a beta of 1.22.

About Vanguard Growth ETF

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.