Sowell Financial Services LLC Acquires 1,847 Shares of Vanguard Growth ETF $VUG

Sowell Financial Services LLC boosted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 5.8% in the second quarter, HoldingsChannel reports. The firm owned 33,691 shares of the company’s stock after purchasing an additional 1,847 shares during the period. Vanguard Growth ETF makes up about 0.6% of Sowell Financial Services LLC’s investment portfolio, making the stock its 25th biggest holding. Sowell Financial Services LLC’s holdings in Vanguard Growth ETF were worth $14,770,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in VUG. Brighton Jones LLC increased its holdings in shares of Vanguard Growth ETF by 5.4% during the fourth quarter. Brighton Jones LLC now owns 16,922 shares of the company’s stock valued at $6,945,000 after acquiring an additional 870 shares in the last quarter. Millennium Management LLC bought a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $292,000. Toronto Dominion Bank bought a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $44,000. Squarepoint Ops LLC bought a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $1,409,000. Finally, Vident Advisory LLC bought a new stake in shares of Vanguard Growth ETF during the fourth quarter valued at approximately $1,244,000.

Vanguard Growth ETF Stock Up 0.9%

NYSEARCA VUG opened at $480.42 on Friday. The company has a market cap of $192.24 billion, a price-to-earnings ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 52 week low of $316.14 and a 52 week high of $480.78. The business has a 50 day moving average price of $458.74 and a 200-day moving average price of $417.22.

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.