Planning Directions Inc. Has $5.20 Million Stock Position in Vanguard Growth ETF $VUG

Planning Directions Inc. boosted its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 489.2% during the second quarter, Holdings Channel reports. The fund owned 60,338 shares of the company’s stock after acquiring an additional 50,098 shares during the period. Vanguard Growth ETF makes up approximately 2.4% of Planning Directions Inc.’s holdings, making the stock its 12th biggest holding. Planning Directions Inc.’s holdings in Vanguard Growth ETF were worth $5,198,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of Vanguard Growth ETF by 14.1% during the first quarter. Bank of America Corp DE now owns 54,648,818 shares of the company’s stock worth $23,870,057,000 after purchasing an additional 6,771,524 shares in the last quarter. Valpey Financial Services LLC increased its holdings in shares of 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 valued at $3,985,228,000 after purchasing an additional 8,151,373 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Growth ETF by 0.4% in the fourth quarter. LPL Financial LLC now owns 5,490,898 shares of the company’s stock valued at $2,678,790,000 after purchasing an additional 24,146 shares in the last quarter. Lincoln National Corp raised its position in Vanguard Growth ETF by 466.3% in the 2nd quarter. Lincoln National Corp now owns 4,071,643 shares of the company’s stock worth $350,731,000 after purchasing an additional 3,352,590 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in Vanguard Growth ETF by 587.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 3,704,579 shares of the company’s stock worth $319,112,000 after purchasing an additional 3,166,000 shares during the last quarter.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG opened at $87.93 on Thursday. The company has a market cap of $227.46 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. The stock’s fifty day moving average price is $86.28 and its two-hundred day moving average price is $82.38. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60.

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.