Vanguard Growth ETF $VUG is Financial Life Advisors’ 10th Largest Position

Financial Life Advisors raised its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 499.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 163,801 shares of the company’s stock after acquiring an additional 136,496 shares during the quarter. Vanguard Growth ETF accounts for about 4.0% of Financial Life Advisors’ holdings, making the stock its 10th biggest position. Financial Life Advisors’ holdings in Vanguard Growth ETF were worth $14,110,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Clark Wealth Partners lifted its stake in shares of Vanguard Growth ETF by 500.0% in the second quarter. Clark Wealth Partners now owns 306 shares of the company’s stock valued at $26,000 after purchasing an additional 255 shares during the period. Turning Point Benefit Group Inc. acquired a new position in Vanguard Growth ETF during the third quarter worth about $26,000. Kentucky Trust Co grew its position in Vanguard Growth ETF by 500.0% during the second quarter. Kentucky Trust Co now owns 336 shares of the company’s stock worth $29,000 after buying an additional 280 shares during the period. Byrne Asset Management LLC increased its holdings in Vanguard Growth ETF by 500.0% in the second quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after buying an additional 310 shares in the last quarter. Finally, Strategic Wealth Advisors LLC purchased a new position in Vanguard Growth ETF in the fourth quarter valued at about $35,000.

Vanguard Growth ETF Trading Down 0.3%

VUG stock opened at $88.24 on Tuesday. The firm has a 50 day moving average of $86.51 and a 200-day moving average of $82.89. The company has a market cap of $228.26 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22. Vanguard Growth ETF has a 12-month low of $69.63 and a 12-month high of $90.60.

Vanguard Growth ETF 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.