IFP Advisors Inc Has $60.89 Million Position in Vanguard Growth ETF $VUG

IFP Advisors Inc boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 12.0% in the third quarter, Holdings Channel reports. The institutional investor owned 126,900 shares of the company’s stock after acquiring an additional 13,619 shares during the period. Vanguard Growth ETF accounts for 1.6% of IFP Advisors Inc’s holdings, making the stock its 3rd biggest position. IFP Advisors Inc’s holdings in Vanguard Growth ETF were worth $60,894,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Laurel Wealth Advisors LLC increased its holdings in shares of Vanguard Growth ETF by 45,810.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 9,185,671 shares of the company’s stock valued at $4,026,998,000 after acquiring an additional 9,165,663 shares during the period. Vantagepoint Investment Advisers LLC lifted its stake in shares of Vanguard Growth ETF by 12,542.9% during the 3rd quarter. Vantagepoint Investment Advisers LLC now owns 1,074,650 shares of the company’s stock worth $515,413,000 after purchasing an additional 1,066,150 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Vanguard Growth ETF by 1.8% during the 2nd quarter. Bank of America Corp DE now owns 49,386,990 shares of the company’s stock worth $21,651,256,000 after purchasing an additional 851,110 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in Vanguard Growth ETF by 189.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 334,163 shares of the company’s stock valued at $159,375,000 after purchasing an additional 706,311 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its position in Vanguard Growth ETF by 97.7% during the second quarter. Corient Private Wealth LLC now owns 1,228,937 shares of the company’s stock valued at $538,790,000 after purchasing an additional 607,436 shares in the last quarter.

Vanguard Growth ETF Price Performance

VUG opened at $440.30 on Friday. The firm has a market capitalization of $183.66 billion, a PE ratio of 36.22 and a beta of 1.17. The business’s 50-day moving average is $468.72 and its two-hundred day moving average is $478.60. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $505.38.

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.