Vanguard Growth ETF $VUG is M3 Advisory Group LLC’s 4th Largest Position

M3 Advisory Group LLC lifted its position in Vanguard Growth ETF (NYSEARCA:VUG) by 4.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,632 shares of the company’s stock after purchasing an additional 706 shares during the period. Vanguard Growth ETF accounts for about 5.0% of M3 Advisory Group LLC’s investment portfolio, making the stock its 4th biggest position. M3 Advisory Group LLC’s holdings in Vanguard Growth ETF were worth $7,291,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Legend Financial Advisors Inc. bought a new stake in Vanguard Growth ETF during the 2nd quarter valued at $31,000. Allianz SE bought a new stake in Vanguard Growth ETF during the 1st quarter valued at $29,000. Smallwood Wealth Investment Management LLC bought a new stake in Vanguard Growth ETF during the 1st quarter valued at $29,000. Costello Asset Management INC bought a new stake in Vanguard Growth ETF during the 1st quarter valued at $31,000. Finally, Hager Investment Management Services LLC bought a new stake in Vanguard Growth ETF during the 1st quarter valued at $31,000.

Vanguard Growth ETF Trading Down 3.3%

Shares of NYSEARCA VUG opened at $470.44 on Monday. The stock has a market capitalization of $190.96 billion, a PE ratio of 36.22 and a beta of 1.11. The stock’s fifty day simple moving average is $467.89 and its two-hundred day simple moving average is $428.01. Vanguard Growth ETF has a 12-month low of $316.14 and a 12-month high of $488.51.

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.