Vanguard Growth ETF $VUG Shares Acquired by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC lifted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 41.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,090 shares of the company’s stock after buying an additional 7,037 shares during the period. Gateway Wealth Partners LLC’s holdings in Vanguard Growth ETF were worth $10,522,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. DecisionPoint Financial LLC grew its stake in Vanguard Growth ETF by 116.0% during the 4th quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock worth $26,000 after buying an additional 29 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new position in shares of Vanguard Growth ETF during the third quarter worth approximately $26,000. Strategic Wealth Advisors LLC acquired a new position in shares of Vanguard Growth ETF in the 4th quarter valued at $35,000. Nova Wealth Management Inc. raised its position in Vanguard Growth ETF by 153.1% in the 4th quarter. Nova Wealth Management Inc. now owns 81 shares of the company’s stock valued at $40,000 after purchasing an additional 49 shares during the last quarter. Finally, Garner Asset Management Corp purchased a new stake in Vanguard Growth ETF in the 4th quarter valued at $41,000.

Vanguard Growth ETF Stock Performance

Shares of Vanguard Growth ETF stock opened at $83.48 on Monday. The company has a market capitalization of $215.95 billion, a P/E ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The company’s fifty day moving average is $86.41 and its two-hundred day moving average is $81.58.

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.