Vanguard Growth ETF $VUG is Financial Advisory Partners LLC’s 2nd Largest Position

Financial Advisory Partners LLC grew its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 67,336 shares of the company’s stock after buying an additional 977 shares during the period. Vanguard Growth ETF accounts for 9.3% of Financial Advisory Partners LLC’s holdings, making the stock its 2nd biggest position. Financial Advisory Partners LLC’s holdings in Vanguard Growth ETF were worth $29,520,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in VUG. Smallwood Wealth Investment Management LLC purchased a new position in shares of Vanguard Growth ETF in the first quarter worth $29,000. Allianz SE purchased a new position in shares of Vanguard Growth ETF in the first quarter worth $29,000. Hager Investment Management Services LLC purchased a new position in shares of Vanguard Growth ETF in the first quarter worth $31,000. Costello Asset Management INC purchased a new position in shares of Vanguard Growth ETF in the first quarter worth $31,000. Finally, Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Vanguard Growth ETF in the first quarter worth $36,000.

Vanguard Growth ETF Trading Up 0.9%

NYSEARCA VUG opened at $480.42 on Monday. The company has a fifty day simple moving average of $458.74 and a two-hundred day simple moving average of $417.43. The stock has a market cap of $192.24 billion, a P/E ratio of 36.22 and a beta of 1.11. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $480.78.

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.