Freedom Investment Management Inc. Purchases 5,885 Shares of Vanguard Growth ETF $VUG

Freedom Investment Management Inc. lifted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 506.5% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,047 shares of the company’s stock after buying an additional 5,885 shares during the period. Vanguard Growth ETF makes up approximately 0.2% of Freedom Investment Management Inc.’s portfolio, making the stock its 29th biggest holding. Freedom Investment Management Inc.’s holdings in Vanguard Growth ETF were worth $607,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Valpey Financial Services LLC lifted its holdings in Vanguard Growth ETF by 46,787.8% during the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after acquiring an additional 8,151,373 shares during the period. Bank of America Corp DE increased its position in shares of Vanguard Growth ETF by 14.1% during the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock valued at $23,870,057,000 after purchasing an additional 6,771,524 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at $1,690,059,000. Lincoln National Corp raised its stake in shares of Vanguard Growth ETF by 466.3% during the 2nd quarter. Lincoln National Corp now owns 4,071,643 shares of the company’s stock worth $350,731,000 after purchasing an additional 3,352,590 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Vanguard Growth ETF by 587.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 3,704,579 shares of the company’s stock worth $319,112,000 after purchasing an additional 3,166,000 shares during the period.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA:VUG opened at $87.93 on Thursday. The company’s 50-day moving average is $86.28 and its 200 day moving average is $82.38. The company has a market capitalization of $227.46 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60.

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.