Magnolia Capital Advisors LLC Has $9.16 Million Stock Position in Vanguard Growth ETF $VUG

Magnolia Capital Advisors LLC boosted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 480.3% during the second quarter, Holdings Channel.com reports. The fund owned 106,310 shares of the company’s stock after buying an additional 87,990 shares during the quarter. Vanguard Growth ETF accounts for 1.6% of Magnolia Capital Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Magnolia Capital Advisors LLC’s holdings in Vanguard Growth ETF were worth $9,158,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VUG. Jones Financial Companies Lllp raised its stake in Vanguard Growth ETF by 458.6% in the second quarter. Jones Financial Companies Lllp now owns 219,112,994 shares of the company’s stock valued at $18,137,223,000 after purchasing an additional 179,884,185 shares in the last quarter. Bank of America Corp DE raised its position in shares of Vanguard Growth ETF by 14.1% during the 1st quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock valued at $23,870,057,000 after buying an additional 6,771,524 shares in the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of Vanguard Growth ETF by 539.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 23,330,170 shares of the company’s stock worth $2,009,661,000 after acquiring an additional 19,678,907 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Growth ETF by 513.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,888,180 shares of the company’s stock worth $937,908,000 after acquiring an additional 9,112,231 shares in the last quarter. Finally, Valpey Financial Services LLC grew its position in Vanguard Growth ETF by 46,787.8% in the fourth quarter. Valpey Financial Services LLC now owns 8,168,795 shares of the company’s stock worth $3,985,228,000 after acquiring an additional 8,151,373 shares in the last quarter.

Vanguard Growth ETF Stock Up 0.0%

NYSEARCA VUG opened at $87.41 on Thursday. The stock’s 50-day simple moving average is $86.40 and its two-hundred day simple moving average is $82.68. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60. The company has a market capitalization of $226.11 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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. 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.